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The multiplier is calculated as –  (a) 1 / (1 – MPC)  (b) 1 / MPS 

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in Consumption and Investment Functions by (49.7k points)

The multiplier is calculated as – 

(a) 1 / (1 – MPC) 

(b) 1 / MPS 

(c) 1 / MPC 

(d) a and b

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1 Answer

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by (48.8k points)

Correct Answer is: (d) a and b

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