If the marginal propensity to save (MPS) is 0.25,the simple multiplier is _____.
A) 25
B) 75
C) 5
D) 3/4
E) 4
Correct Answer:
Verified
Q90: If the simple spending multiplier is 8,the
Q91: The table given below shows the
Q92: If the spending multiplier is greater than
Q93: When current production of goods and services
Q94: An increase in autonomous investment in an
Q96: If the marginal propensity to consume (MPC)equals
Q97: If the marginal propensity to consume (MPC)is
Q98: Assume an economy is in equilibrium at
Q99: The fraction of a change in disposable
Q100: In the income-expenditure framework,if planned aggregate expenditures
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents