Solved

If the MPC = 0

Question 112

Multiple Choice

If the MPC = 0.75, then the spending multiplier must be:


A) 3
B) 4
C) 5
D) 1.25

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q107: The spending multiplier:
A) grows larger as the

Q108: The simplified spending multiplier is calculated as:
A)

Q109: If spending increased by $250, and the

Q110: If the MPC were to increase from

Q111: If the marginal propensity to consumer is

Q113: If spending increased by $100, and the

Q114: Using Figure 3</p></div><svg width=

Q115: The multiplier effect occurs when:
A) spending by

Q116: If the MPC is 0.5, then the

Q118: The multiplier effect suggests that:
A) spending $1

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents