Question: What would the expenditure multiplier be in an economy without government spending or taxes where the MPG is 0.8 and the MPm is O? Where

What would the expenditure multiplier be in an economy without government spending or taxes where the

MPG is 0.8 and the MPm is O? Where the MPm is 0.1?

Where the MPm is 0.9? Explain why the multiplier might even be less than 1 .

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