Multiple Choice
If the MPS is 0.1 and the income tax rate is 0.33 the multiplier,k,is approximately
A) 2.5.
B) 2.0.
C) 10.
D) 3.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q150: Income on the horizontal axis at which
Q151: Figure 3-7<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2645/.jpg" alt="Figure 3-7
Q152: If both autonomous imports and autonomous taxes
Q153: The slope of the planned expenditure line
Q154: Higher real GDP growth usually causes<br>A)a drop
Q156: Figure 3-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2645/.jpg" alt="Figure 3-5
Q157: In economic models,variables taken as given and
Q158: The multiplier measures the<br>A)number of steps it
Q159: In 2005 real personal saving has decreased
Q160: When interest rate rise consumers will<br>A)compare loan