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★ѕραndavir ★ѕραndavir
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7 years ago
The higher the marginal propensity to consume, the
A) smaller will be the simple multiplier.
B) more insulated will be consumption spending from exogenous shocks to the economy.
C) less effective will be any given monetary or fiscal policy.
D) more unstable the economy will be.
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Macroeconomics

Macroeconomics


Edition: 12th
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thecromthecrom
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