fiscal policy multiplier JNU | PhD | NTA | JUNEE 2021| Economics |

When MPCd  =2/5, change in the government expenditure (ΔG) =1, change in the tax (ΔT) =1/10, find fiscal policy multiplier.
The fiscal multiplier measures the effect that increases in fiscal spending will have on a nation's economic output, or gross domestic product (GDP)
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