The Multiplier Is Defined as the Ratio of a Change

question 31

Multiple Choice

The multiplier is defined as the ratio of a change in income to the

• A)marginal propensity to save.
• B)marginal propensity to consume.
• C)change in the marginal propensity to consume causing it.
• D)change in the marginal propensity to save causing it.
• E)change in planned autonomous spending causing it.

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Definitions:

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