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NYC NYC
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8 years ago
The equation {1/[1 - (MPC - MPM)]} represents the:
A) open economy multiplier.
B) closed economy multiplier.
C) money multiplier.
D) government spending multiplier.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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8 years ago
Perfect answer, thank you
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