Economics · Macroeconomics
In a closed economy without government intervention, the simple Keynesian investment multiplier (k) is calculated using which formula?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1MPC + MPS
- 211 - MPC✓
- 31MPC + MPS
- 411 - MPS
Correct answer
11 - MPC
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