menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Today Study Set 1
  4. Exam
    Exam 12: Consumption, Real GDP, and the Multiplier
  5. Question
    If the MPC Is 0
Solved

If the MPC Is 0

Question 21

Question 21

Multiple Choice

If the MPC is 0.75, then the MPS is


A) 0.25.
B) 1.39.
C) 1.25.
D) cannot be determined without more information.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q16: The average propensity to save is<br>A) real

Q17: A situation in which spending exceeds income

Q18: At a given interest rate, the investment

Q19: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Consider the above

Q20: The consumption function relates<br>A) a household's consumption

Q22: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above

Q23: Along the 45° reference line<br>A) consumption expenditures

Q24: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" Note: Amounts in

Q25: When the average propensity to save (APS)

Q26: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines