Multiple Choice
The simple multiplier may be calculated as:
A) 1/(MPS + MPC) .
B) 1/(1 - MPC) .
C) MPC/MPS.
D) 1 - MPC = MPS.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q109: Which of the following is correct?<br>A) MPC
Q126: The consumption schedule relates:<br>A)consumption to the level
Q127: The multiplier:<br>A)varies directly with the slope of
Q128: Suppose that the level of GDP increased
Q129: With an MPS of .4, the MPC
Q130: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the
Q132: The investment-demand curve will shift to the
Q133: Assume that for the entire business sector
Q134: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the
Q135: Following is consumption schedules for three private