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15 questions from this quiz
When spending changes cause greater GDP changes
1/(1−MPC)1/(1-MPC)1/(1−MPC)
MPM+MPS+MRTMPM+MPS+MRTMPM+MPS+MRT
Keynes
With large leakages in circular flow
Less income allocated to saving
Ratio of national income change to spending
Investment responds to income change rate
Significant economic fluctuations
Actual output below potential output
Actual output exceeds potential output
C/YC/YC/Y
0.6
£500m
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