What is current account multiplier? Assume that the marginal propensity to save is 0.25 and the marginal

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What is current account multiplier? Assume that the marginal propensity to save is 0.25 and the marginal propensity to import is 0.15, what is the effect of an increase in government expenditure by £100 million on current account.

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Exploring economics

ISBN: 9781439040249

5th edition

Authors: Robert L sexton

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Posted Date: Jun 08, 2021 03:28 AM

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What is current account multiplier? Assume that the marginal propensity to save is 0.25 and the marginal

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The multiplier is used in the determination of an increase or a decre... View the full answer

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