Multiple Choice
Which is true regarding the marginal propensity to consume and the multiplier?
A) The lower the MPC,the higher the multiplier.
B) The higher the MPC,the lower the multiplier.
C) The MPC equals the multiplier.
D) The sum of the MPC and the multiplier equals 1.
E) The lower the MPC,the lower the multiplier.
Correct Answer:
Verified
Correct Answer:
Verified
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