If the MPC equals 0.80 then:
A. the MPS equals 1.20.
B. the multiplier equals 0.20.
C. the multiplier equals 1 divided by 0.80.
D. the multiplier equals 5.
Answer: D
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A) a reaction by other firms. B) no reaction from the other firms. C) a profit gain for the other firms. D) loss of market share by the acting firm.
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