Calculate the simple multiplier if the marginal propensity, Macroeconomics

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Calculate the simple multiplier if the marginal propensity

Problem

Calculate the simple multiplier if the marginal propensity to consume is 0.4, investment rises $0.05 for every $1 billion increase in income, and net exports decline $0.08 for every $1 billion increase in income.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Calculate the simple multiplier if the marginal propensity

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Macroeconomics: Calculate the simple multiplier if the marginal propensity

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