Answer:
\[\Delta I\] = 60 \[\Delta Y\] = 240 To Calculate: MPC We know, Multiplier, K =\[\frac{\Delta Y}{\Delta I}=\frac{240}{60}=4\] Also we know, \[K=\frac{1}{1-MPC}\] Or, \[4=\frac{1}{1-MPC}\] Or, \[4(1-MPC)=1\] Or, MPC = 0.75
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