An increase in the mpc
a. increases the multiplier, so that changes in government expenditure...
Business, 30.11.2019 03:31 VictoriaRose520
An increase in the mpc
a. increases the multiplier, so that changes in government expenditures have a larger effect on aggregate demand.
b. increases the multiplier, so that changes in government expenditures have a smaller effect on aggregate demand.
c. decreases the multiplier, so that changes in government expenditures have a larger effect on aggregate demand.
Answers: 2
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