Exhibit 9-6 Keynesian aggregate-expenditure model when the MPC is 2\3 In Exhibit 9-6, the spending multiplier for this economy is equal to:
A)1 2\3.
B)2 1\2.
C)3.
D)5.

Question

Exhibit 9-6 Keynesian aggregate-expenditure model when the MPC is 2\3  In Exhibit 9-6, the spending multiplier for this economy is equal to:
A)1 2\3. 
B)2 1\2. 
C)3. 
D)5.

Quizplus · Accepted Answer

The Answer of Exhibit 9-6 Keynesian aggregate-expenditure model when the MPC is 2\3  In Exhibit 9-6, the spending multiplier for this economy is equal to:
A)1 2\3. 
B)2 1\2. 
C)3. 
D)5.

Exhibit 9-6 Keynesian Aggregate-Expenditure Model When the MPC Is 2\3