Multiple Choice
Which of the following best characterizes the relationship between the marginal propensity to consume and the multiplier?
A) The lower the MPC, the higher the multiplier.
B) The higher the MPC, the lower the multiplier.
C) The MPC equals the multiplier.
D) The lower the MPC, the lower the multiplier.
Correct Answer:
Verified
Correct Answer:
Verified
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