Multiple Choice
If there are no taxes or imports and MPC = 0.75, the multiplier equals
A) 0.25.
B) 4.0.
C) 6.0.
D) 1.33.
Correct Answer:
Verified
Related Questions
Q255: If the multiplier for a change in
Q256: In general, the flatter the aggregate expenditure
Q257: Given an MPC of 0.80, if there
Q258: If the multiplier is 4 and there
Q259: If the marginal propensity to consume is
Q261: In a simple economy in which prices
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