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If the Marginal Propensity to Consume Is 6/7, Then the Multiplier

question 203

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If the marginal propensity to consume is 6/7, then the multiplier is 7.


Definitions:

Telecommute

The practice of working from a remote location, typically one's home, using the internet and telecommunications technology.

Overhead Costs

Expenses associated with running a business that are not directly tied to creating a product or service, such as rent, utilities, and insurance.

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