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    Macroeconomics Study Set 43
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    Exam 10: B: Basic Macroeconomic Relationships
  5. Question
    The Simple Multiplier Is Defined As
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The Simple Multiplier Is Defined As

Question 56

Question 56

Multiple Choice

The simple multiplier is defined as:


A) 1 - MPS.
B) change in GDP *initial change in spending.
C) change in GDP/initial change in spending.
D) change in GDP - initial change in spending.

Correct Answer:

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