Multiple Choice
If the MPC is 0,the multiplier is
A) 0.
B) 1.
C) infinite.
D) None of the above is correct.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q18: According to liquidity preference theory, the money-supply
Q49: Economists agree on all of the following
Q50: Which of the following is not a
Q51: The most important automatic stabilizer is<br>A)open-market transactions.<br>B)the
Q52: According to liquidity preference theory,an increase in
Q56: Fiscal policy affects the economy<br>A)only in the
Q58: If there is excess money demand,people will<br>A)deposit
Q74: Liquidity refers to<br>A)the relation between the price
Q168: The short-run effects on the interest rate
Q205: Which of the following properly describes the