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If the MPC is 3/4,the simple expenditure multiplier is
Per Capita Income
The average income earned per person in a given area or country, calculated by dividing the total income of the area by its population.
Exchange Rates
The worth of one currency when converted into another.
Global Companies
Businesses that operate in multiple countries across the world, facing a wide range of economic, cultural, and regulatory environments.
Economic Infrastructure
The underlying physical and organizational structures needed for the operation of a society or economy, including transportation, communication, utilities, and services.
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