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What is the Relation Between Marginal Propensity to Consume and Multiplier? - Economics

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प्रश्न

What is the relation between marginal propensity to consume and multiplier?

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उत्तर

MPC and the value of multiplier has direct relationship. Higher the MPC more will be the value of multiplier

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2017-2018 (March) All India Set 3
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