Multiple Choice
If the MPC is 0.75, the multiplier is equal to
A) 0.25.
B) 0.75/0.25 = 3.
C) 4.
D) 5.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q110: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q111: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -The above figure
Q112: Suppose that there is no government and
Q113: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Use the above
Q114: Ignoring the government and foreign sectors, if
Q116: The ratio of the change in consumption
Q117: Which one of the following is TRUE?<br>A)
Q118: Thinking as an economist would, which is
Q119: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q120: If the multiplier is 2, the marginal