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If the value of MPC is 0-9, find the value of the multiplier. |
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Answer» MPC = 0.9. We know, MPC + MPS = 1 and Multiplier K = \(\frac {1}{MPS}\) MPS = 1 – 0.9 = 0.1. and K = \(\frac {1}{0.1}\) = 10 |
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