Question: Question 8 ( 1 point ) Consider a simple macro model with a constant price level and demand - determined output. If the marginal propensity

Question 8(1 point)
Consider a simple macro model with a constant price level and demand-determined output. If the marginal propensity to spend in such a model is 0.8, the simple multiplier is
0.8
1.25
0.
8.0.
5.0.
Question 8 ( 1 point ) Consider a simple macro

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