Solved

If the Marginal Propensity to Consume (MPC)is 0

Question 4

Multiple Choice

If the marginal propensity to consume (MPC) is 0.8, the multiplier will be

A) 0.8.
B) 1.
C) 4.
D) 5.

Related Questions

Q10: Ignoring the government and foreign sectors, there

Q138: Consider a closed economy without a government

Q232: The investment function will shift when there

Q263: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -According to the

Q278: The consumption function is the relationship between<br>A)

Q293: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above

Q326: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the

Q333: In the above figure, when real disposable

Q336: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above

Q381: At the point at which planned real