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    Macroeconomics for Today
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    Exam 9: The Keynesian Model in Action
  5. Question
    If the Marginal Propensity to Consume Is 0
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If the Marginal Propensity to Consume Is 0

Question 37

Question 37

True/False

If the marginal propensity to consume is 0.80, the value of the spending multiplier will be 4.

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