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    Business
  3. Study Set
    General Economics 1
  4. Exam
    Exam 3: Macroeconomics, Production Functions and Keynesian Theory of Economics
  5. Question
    If Marginal Propensity to Consume Is 0
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If Marginal Propensity to Consume Is 0

Question 2

Question 2

Multiple Choice

If marginal propensity to consume is 0.8, the value of multiplier will be:


A) 1
B) 2.5
C) 5
D) 2

Correct Answer:

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