Question:
Multiplier formulas
Author: Dakota howellsAnswer:
Multiplier = 1 / marginal propensity to save. Multiplier = 1 / (1- MPC) Multiplier = 1 / MPS + MPM + MRT MPS = Marginal propensity to save MPM = marginal propensity to import MRT = marginal rate of tax
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Author
Dakota howells