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Determination of Income and Employment
Question
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Complete the following table.

MPC

  

MPS

K (Multiplier)

0

  

—

—

—

  

1/2

—

—

  

—

3

3/4

  

—

—

Hint.    MPC = 0, 1/2, 2/3, 3/4
MPS = 1, 1/2, 1/3, 1/4
K = 1, 2, 3, 4

Answer

Solution not provided.

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