Multiple Choice
If the MPC is 0.8, then the MPS is
A) 0.2.
B) 1.
C) 5.
D) 8.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q58: If real Gross Domestic Product (GDP) is
Q61: In the Keynesian model, whenever planned saving
Q62: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5016/.jpg" alt=" -Refer to the
Q65: Suppose the marginal propensity to consume (MPC)is
Q67: If the multiplier is 10, then the
Q118: Thinking as an economist would, which is
Q222: Real consumption is a function of real
Q240: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q413: Which of the following theories predicts that
Q433: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the