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    Macroeconomics Study Set 40
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    Exam 11: Expenditure Multipliers: They Keynesian Model
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    If the Multiplier for a Change in Autonomous Expenditure Is
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If the Multiplier for a Change in Autonomous Expenditure Is

Question 27

Question 27

Multiple Choice

If the multiplier for a change in autonomous expenditure is 10 and there are no income taxes or imports, then the MPC is


A) 1.0.
B) 0.1.
C) 0.9.
D) 9.0.

Correct Answer:

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