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Khan Academy
Khan Academy: Marginal Propensity to Consume (Mpc): Mpc and Multiplier
Introduction to the marginal propensity to consume and the multiplier. [9:53]
Khan Academy
Khan Academy: Mpc and Multiplier
The expenditure and tax multipliers depend on how much people spend out of an additional dollar of income, which is called the marginal propensity to consume (MPC). In this video [9:52], explore the intuition behind the MPC and how to...