Multiple Choice
The larger the marginal propensity to save,
A) the smaller the multiplier.
B) the larger the multiplier.
C) the smaller the change in Real GDP,given a change in autonomous consumption.
D) a and c
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q120: There are no idle resources,the multiplier is
Q121: Keynes argued that<br>A) monopolistic elements in the
Q122: If consumption is $1,230 when disposable income
Q123: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q124: Autonomous consumption is<br>A) the change in consumption
Q126: If income rises from $10,000 to $10,600
Q127: When total production is greater than total
Q128: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q129: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q130: For Say's law to hold in a