The formula for the effect of any change in autonomous spending, △A, where b equals the MPC is
A) △Y = △A [1/(1 ‑ b) ].
B) △Y = △A [b/(1 ‑ b) ].
C) △Y = △A [1/(1 + b) ].
D) △Y = △A [b/(1 + b) ].
Correct Answer:
Verified
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