Balanced Budget Multiplier
Tags: #Economics #MacroEconomicsEquation
$$\text{Balanced Budget Multiplier} = \frac{1}{1-MPC} + \frac{-MPC}{1-MPC} = 1$$Latex Code
\text{Balanced Budget Multiplier} = \frac{1}{1-MPC} + \frac{-MPC}{1-MPC} = 1
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Introduction
Balanced Budget Multiplier
Economics,MacroEconomicsEquation
Latex Code
\text{Balanced Budget Multiplier} = \frac{1}{1-MPC} + \frac{-MPC}{1-MPC} = 1
Explanation
Latex code for the Autonomous Spending Multiplier.
- : Marginal Propensity to Consume
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