menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Principles Applications and Tools
  4. Exam
    Exam 9: Aggregate Demand and Aggregate Supply
  5. Question
    If the Marginal Propensity to Consume Is 0
Solved

If the Marginal Propensity to Consume Is 0

Question 58

Question 58

Multiple Choice

If the marginal propensity to consume is 0.8, the value of the multiplier is:


A) 0.8.
B) 5.
C) 1.25.
D) 2.

Correct Answer:

verifed

Verified

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

Related Questions

Q53: In the long- run, an increase in

Q54: Wages are classified as custom prices, because

Q55: In the short run, the primary determinant

Q56: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" Figure 9.2 -Refer

Q57: When the general price level rises:<br>A) investment

Q59: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" Figure 9.6 -Refer

Q60: When we draw the aggregate demand curve,

Q61: An increase in government expenditure has a

Q62: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" Figure 9.1 -Refer

Q63: If the economy is in long run

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines