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    Survey of Economics Study Set 1
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    Exam 15: Fiscal Policy
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    If the MPC = 1, the Spending Multiplier Is
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If the MPC = 1, the Spending Multiplier Is

Question 199

Question 199

Multiple Choice

If the MPC = 1, the spending multiplier is:


A) infinite.
B) zero.
C) 10.
D) 100.
E) 1.

Correct Answer:

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