Mathematically, the Value of the Spending Multiplier in Terms of the Marginal

question 140

Multiple Choice

Mathematically, the value of the spending multiplier in terms of the marginal propensity to consume (MPC) is given by the formula:

• A) MPC − 1.
• B) (MPC − 1)/MPC.
• C) 1/MPC.
• D) 1/(1 − MPC).

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The exchange of goods, services, and capital across international borders, enabling countries to participate in global economies.

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The process of interaction and integration among people, companies, and governments worldwide, often leading to the exchange of ideas, products, and cultural aspects.

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