Your answer to the homework has to be more than five(5) sentences for each question based on researched facts and logi

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Your answer to the homework has to be more thanfive(5) sentences for each question based on researched factsand logical analysis to earn the full credit.
1) Define MPC(marginal propensity to consume) ,MPS(marginal propensity to save), APC(average propensity toconsume) and APS(average propensity to save). (2 points)
2) Define multiplier effects, based on Keynesian Fiscal policy.(2 points)
3) When economy falls into a recession, what kind of fiscalpolicy is needed? Give a specific tool of fiscal policy.(2points)
4)Discuss the long run effects of "Crowding out" due to a shortrun expansionary fiscal Policy.(2 points)
5) If MPC is larger, is the Multiplier bigger orsmaller? why? explain based on the formula. (2 points)