For question 7, it says “The economy has a spending multiplier of 0.8.” it SHOULD say “The economy has a marginal propensity to consume of 0.8.” Apologies for the confusion!!
WR8-Due1029For question 7, it says “The economy has a spending multiplier of 0.8.” it SHOULD say “The economy has a marginal propensity to consume of 0.8.” Apologies for the confusion!!
WR8-Due1029