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    Economics Today Study Set 1
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    Exam 12: Consumption, Real GDP, and the Multiplier
  5. Question
    If the Multiplier Is 50, Then the Marginal Propensity to Consume
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If the Multiplier Is 50, Then the Marginal Propensity to Consume

Question 407

Question 407

Multiple Choice

If the multiplier is 50, then the marginal propensity to consume (MPC) is


A) 0.98.
B) 0.05.
C) 0.5.
D) 9.

Correct Answer:

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