Multiple Choice
The multiplier is defined as the ratio of a change in income to the
A) marginal propensity to save.
B) marginal propensity to consume.
C) change in the marginal propensity to consume causing it.
D) change in the marginal propensity to save causing it.
E) change in planned autonomous spending causing it.
Correct Answer:
Verified
Correct Answer:
Verified
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