menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Study Set 11
  4. Exam
    Exam 30: Basic Macroeconomic Relationships
  5. Question
    The Multiplier Value Is the Reciprocal of the Marginal Propensity
Solved

The Multiplier Value Is the Reciprocal of the Marginal Propensity

Question 197

Question 197

True/False

The multiplier value is the reciprocal of the marginal propensity to consume.

Correct Answer:

verifed

Verified

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

Related Questions

Q59: The multiplier shows the relationship between changes

Q65: If the real interest rate in the

Q89: As disposable income decreases, consumption<br>A) and saving

Q131: When the marginal propensity to consume is

Q193: Suppose that new computer software for accounting

Q196: The change in real GDP resulting from

Q198: The multiplier can be calculated by dividing<br>A)the

Q199: Assume there are no prospective investment projects

Q201: The lower the marginal propensity to consume,

Q224: When we draw an investment demand curve,

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