Which of the following economies has the largest multiplier?
A) Economy A with an MPS of 0.08
B) Economy B with an MPS of 0.12
C) Economy C with an MPC of 0.94
D) Economy D with an MPC of 0.70
Correct Answer:
Verified
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Q73: Assume an MPC of 0.75.The change in
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Q78: The marginal propensity to save is:
A) Equal
Q79: If consumers spend 80 cents out of
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