The real life multiplier: a) is the same as the oversimplified multiplier formula suggests. b) is smaller than the oversimplified multiplier formula suggests. c) is larger than the oversimplified...



The real life multiplier:





a) is the same as the oversimplified multiplier formula suggests.

b) is smaller than the oversimplified multiplier formula suggests.

c) is larger than the oversimplified multiplier formula suggests.

d) can be larger or smaller than the oversimplified formula suggests, depending on MPC




Jun 11, 2022
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