If consumption spending is the only variable of aggregate expenditure dependent on income,the multiplier is MPC/(1 - MPC).
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Q1: The expenditure multiplier only considers the impact
Q2: A change in taxes of a given
Q5: A given change in either someone's income
Q6: When all the factors of aggregate expenditure
Q9: The Keynesian-cross model suggests that increased saving
Q12: The marginal propensity to consume is a
Q14: Unplanned inventory decreases prompt firms to cut
Q16: When the Keynesian-cross model is in equilibrium,
Q19: Keynes believed that the economy could stay
Q20: Autonomous determinants of consumption expenditures are dependent
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