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    Principles of Macroeconomics Study Set 12
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    Exam 8: Aggregate Expenditure and Equilibrium Output
  5. Question
    The Multiplier Is Equal to 1 / (1 - MPC)
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The Multiplier Is Equal to 1 / (1 - MPC)

Question 68

Question 68

True/False

The multiplier is equal to 1 / (1 - MPC).

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