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 Marginal Propensity to Consume (MPC) Is 0
Solved

If the Marginal Propensity to Consume (MPC) Is 0

Question 180

Question 180

Multiple Choice

If the marginal propensity to consume (MPC) is 0.75, what is the value of the multiplier?


A) 4.0
B) 3.0
C) 2.0
D) 1.0

Correct Answer:

verifed

Verified

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

Related Questions

Q175: Which of the following would increase the

Q176: A higher price level causes<br>A) the aggregate

Q177: In economics, the term "autonomous" means<br>A) existing

Q178: Investment includes spending on<br>A) capital goods, buildings,

Q179: Because a decrease in real autonomous spending

Q181: Consumption goods<br>A) include goods such as CDs

Q182: Suppose when real disposable income is $5000,

Q183: The part of consumption that does NOT

Q184: If your real disposable income goes up

Q185: Consumption goods are<br>A) a form of investment.<br>B)

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