Multiple Choice
As the marginal propensity to consume ________, the value of the multiplier increases.
A) is constant
B) decreases
C) increases
D) decreases slightly
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q23: Recall the Application about the U.S. "Locomotive
Q24: All else equal, a decrease in the
Q25: In the simple Keynesian cross model with
Q26: A $50 billion increase in both government
Q27: The slope of the consumption function is
Q29: Explain why, in a simple economy which
Q30: The marginal propensity to consume is always<br>A)
Q31: Recall the Application about Austrian economist Henry
Q32: Let S =y - (100 + 0.5y).
Q33: Which of the following increases the slope