Multiple Choice
If the spending multiplier is 5,what is the marginal propensity to consume in the economy?
A) 0.4
B) -0.8
C) 0.5
D) 0.75
E) 0.8
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q133: When the government increases spending or decreases
Q134: During which of the following situations would
Q135: The use of the money supply to
Q136: It is difficult to determine when the
Q137: Depending on how fiscal policy is implemented,it
Q139: Give a detailed explanation of the new
Q140: Lowering marginal income tax rates for individuals<br>A)
Q141: Policies that focus on education<br>A) will affect
Q142: At _ tax rates,_ in those tax
Q143: Suppose the marginal propensity to consume is