Answer :
Answer:
2.5
Explanation:
The multiplier effect is the magnified increase in equilibruim GDP that occurs when any component aggregate expenditures changes. The greater the MPC(the smaller the MPS)
4 multiplier equals 2.5 MPC
Answer:
2.5
Explanation:
The multiplier effect is the magnified increase in equilibruim GDP that occurs when any component aggregate expenditures changes. The greater the MPC(the smaller the MPS)
4 multiplier equals 2.5 MPC