menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics for Today
  4. Exam
    Exam 9: The Keynesian Model in Action
  5. Question
    If the MPC Is 0
Solved

If the MPC Is 0

Question 89

Question 89

Multiple Choice

If the MPC is 0.70, then the spending multiplier is equal to:


A) 0.70.
B) 0.30.
C) 0.14.
D) 3.33.
E) 5.

Correct Answer:

verifed

Verified

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

Related Questions

Q31: In the aggregate expenditures model, if aggregate

Q84: A recessionary gap can be defined as:<br>A)an

Q85: If the marginal propensity to consume (MPC)

Q86: In the aggregate expenditures model, if an

Q87: Which of the following most completely describes

Q90: In the aggregate expenditures model, an increase

Q91: Exhibit 9-4 Keynesian aggregate expenditures model <img

Q92: Exhibit 9-2 Keynesian aggregate-expenditures model <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9027/.jpg"

Q93: An inflationary gap occurs when aggregate expenditures

Q95: When the spending of consumers, businesses, government,

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