Multiple Choice
The relationship between the multiplier and the MPC is
A) that as the MPC increases, so does the value of the multiplier.
B) that as the MPC increases, the value of the multiplier decreases.
C) unrelated because the multiplier relates to the MPS, not the MPC.
D) converging at higher incomes.
Correct Answer:
Verified
Correct Answer:
Verified
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