Business, 29.06.2021 19:20, mjcbs21

If, in an economy, a $200 billion increase in consumption spending creates $200 billion of new income in the first round of the multiplier process and $160 billion in the second round, the marginal propensity to consume and the multiplier are, respectively,

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If, in an economy, a $200 billion increase in consumption spending creates $200 billion of new incom...