Why does the marginal propensity to consume determine the size of the multiplier?

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Basic Economics

ISBN: 978-1111826642

16th edition

Authors: Frank V. Mastrianna

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Question Posted: Mar 08, 2018 09:56 AM

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Why does the marginal propensity to consume determine the size of the multiplier?

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Because the size of the multiplier depends on the amount of additional income that is spent ...View the full answer

Basic Economics

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