An economy has no imports and no taxes. The marginal propensity to save is 0.1. A increase in autonomous expenditure increases equilibrium expenditure by $60 billion and the multiplier is _ .

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The Answer of An economy has no imports and no taxes. The marginal propensity to save is 0.1. A increase in autonomous expenditure increases equilibrium expenditure by $60 billion and the multiplier is _ .

An Economy Has No Imports and No Taxes