Multiple Choice
If the marginal propensity to consume is 0.9, what is the size of the multiplier?
A) 0.1
B) 1
C) 9
D) 10
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q265: Which of these is true of macroeconomic
Q266: At equilibrium, when a tax is put
Q267: The idea of the spending multiplier is
Q268: In an economy with three sectors (household,
Q269: When the economy is in equilibrium in
Q271: (Table) The following table provides partial information
Q272: What are the determinants of investment in
Q273: When the foreign sector, government spending, and
Q274: If the government always balances its budget<br>A)
Q275: In the Keynesian aggregate expenditures model, prices