38 if the mpc for the closed economy with no government is
38. If the MPC for the closed economy with no government is 0.8, the:
A) MPS is 1/0.8.
B) the multiplier is 5.
C) the multiplier is 8.
D) the MPS is 0.4.
How do you get that the multiplier is 5? do i use the multiplier formula?
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