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Business, 20.03.2020 05:18 u8p4

The multiplier effect means that: Question 8 options: 1) consumption is typically several times as large as saving. 2) a change in consumption can cause a larger increase in investment. 3) an increase in investment can cause GDP to change by a larger amount. 4) a decline in the MPC can cause GDP to rise by several times that amount.

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