Solved

If the Marginal Propensity to Consume Is 0

Question 77

Multiple Choice

If the marginal propensity to consume is 0.60,then the multiplier equals

A) 2.50.
B) 0.60.
C) 1.67.
D) 0.40.

Related Questions

Q72: The change in AD is the same

Q73: A rightward shift in an aggregate demand

Q74: One In the News article titled "Unemployment

Q75: There is a trade-off between unemployment and

Q76: Assuming an upward-sloping AS curve,if an economy

Q78: If leakages are greater than injections,equilibrium output

Q79: Suppose an economy can be described by

Q80: Assume a decrease in interest rates causes

Q81: A basic conclusion of Keynesian analysis is

Q82: Suppose lower expectations lead to a