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    Economics A Contemporary Introduction
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    Exam 10: Baggregate Expenditure and Aggregate Demand
  5. Question
    If the Simple Multiplier Is 8,the Marginal Propensity to Consume
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If the Simple Multiplier Is 8,the Marginal Propensity to Consume

Question 114

Question 114

Multiple Choice

If the simple multiplier is 8,the marginal propensity to consume is


A) 1/8
B) 1/4
C) 4/5
D) 7/8
E) 8

Correct Answer:

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