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    Exam 10: B: Basic Macroeconomic Relationships
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    The Following Table Illustrates the Multiplier Process in a Private
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The Following Table Illustrates the Multiplier Process in a Private

Question 111

Question 111

Multiple Choice

The following table illustrates the multiplier process in a private closed economy: The following table illustrates the multiplier process in a private closed economy:   Refer to the above table.The marginal propensity to consume is: A) .5. B) .8. C) .75. D) .9. Refer to the above table.The marginal propensity to consume is:


A) .5.
B) .8.
C) .75.
D) .9.

Correct Answer:

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