Multiple Choice
In a closed economy, the value of multiplier , when MPC is 0.90
A) 25
B) 90
C) 10
D) 9
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q4: When MPS = 0.2, MPC will be<br>A)0.8<br>B)0.2<br>C)1.2<br>D)20
Q5: Who postulated the law Supply creates its
Q6: MEC for a capital good was found
Q7: Employment equilibrium in the Classical theory is
Q8: The interest rate paid on bonds is
Q10: According to Keynes, rising aggregate income is
Q11: In the Keynesian two sector economy, AD>AS,
Q12: Changes in the subjective or objective factors<br>A)never
Q13: Autonomousinvestment is<br>A)income inelastic<br>B)instable<br>C)interest elastic<br>D)incomeelastic
Q14: Income is a ------- variable<br>A)flow<br>B)discontinuous<br>C)stock<br>D)none of the