Question: (a) If the marginal propensity to save is 0.02, how large is the Keynesian multiplier? (b) If the marginal propensity to save doubles to 0.10,
(a) If the marginal propensity to save is 0.02, how large is the Keynesian multiplier?
(b) If the marginal propensity to save doubles to 0.10, what happens to the Keynesian multiplier?
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