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Question
If the marginal propensity to consume is greater than the marginal propensity to save, the value of the multiplier will be ______
Options
greater than 2
less than 2
equal to 2
equal to 5
MCQ
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Solution
If the marginal propensity to consume is greater than the marginal propensity to save, the value of the multiplier will be greater than 2.
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