The multiplier equals ____________ divided by _________. A. The marginal propensity to consume; autonomous expenditure B. 1;
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The multiplier equals ____________ divided by _________.
A. The marginal propensity to consume; autonomous expenditure
B. 1; (1 – Slope of the AE curve)
C. 1; Slope of the AE curve
D. Slope of the AE curve; the marginal propensity to consume
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