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If the Marginal Propensity to Consume Is 0

question 10

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If the marginal propensity to consume is 0.7,the expenditure multiplier is


Definitions:

Ethnocentrism

The conviction that one's own ethnic group or culture is naturally superior to others.

Coherent

Logically connected and consistent, making it easy to understand.

Culture

The ideas, customs, social behaviors, and artifacts of a particular society, group, place, or time.

Logical

Pertaining to or characterized by clear, sound reasoning and coherent thought.

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