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Each Additional Round of the Multiplier Process Will Tend to Be

Question 35

Multiple Choice

Each additional round of the multiplier process will tend to be larger:


A) ​the smaller the MPC.
B) ​the greater the rate of income taxation.
C) ​the less people save from increases in their incomes.
D) ​the larger the fraction of each dollar of domestic income spent on imported goods.
E) ​in each of the above cases.

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