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Calculate change in income when MPC=0.8 ...

Calculate change in income when MPC=0.8 and change in investment=1000

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`K("Multiplier")=(1)/(1-MPC)=(1)/(1-0.8)=(1)/(0.2)=(1)/(1//5)=5`
`"Change in income"=DeltaIxxK=1000xx5=5000`
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RADHA BHUGANA-INCOME DETERMINATION AND MULTIPLIER-Practical Application
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