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    the value of the simple multiplier.

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    Use the information in the table to calculate the value of the simple multiplier for the following economy.

    Year Income(Y) Consumption (C) Savings (S) Investment (I)
    (m) (m) (m) (m)
    1 200 160 40 150
    2 300 220 80 150
    3 400 280 120 150

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    https://brainmass.com/economics/macroeconomics/value-simple-multiplier-402790

    Solution Preview

    The simple multiplier can be found from the MPC (marginal propensity to consume). So, we ...

    Solution Summary

    The value of the simple multiplier is carefully detemined.

    $2.19