Business, 23.08.2021 15:10 homer57idkiminatest

Take the following information as given for a small, imaginary economy: • When income is $10,000, consumption spending is $6,500.
• When income is $11,000, consumption spending is $7,250.

The multiplier for this economy is
a. 7.00.
b. 2.85.
c. 1.53.
d. 4.00

Answers: 1

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Take the following information as given for a small, imaginary economy: • When income is $10,000,...