Chapter 24, Problem 7P

To determine

(a)

To compute:

The value of multiplier if the marginal propensity to consume was $\raisebox{1ex}{$1$}\!\left/ \!\raisebox{-1ex}{$3$}\right..$

To determine

(b)

To compute:

The value of multiplier if the marginal propensity to consume was $\raisebox{1ex}{$1$}\!\left/ \!\raisebox{-1ex}{$2$}\right..$

To determine

(c)

To compute:

The value of multiplier if the marginal propensity to consume was $\raisebox{1ex}{$3$}\!\left/ \!\raisebox{-1ex}{$4$}\right..$