Multiple Choice
The simple multiplier is:
A) 1/MPC.
B) 1/(1 + MPC) .
C) 1/MPS.
D) 1/(1 - MPS) .
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: Dissaving occurs where<br>A) income exceeds consumption.<br>B) saving
Q120: The multiplier effect indicates that:<br>A)a decline in
Q121: The equation C = 35 + .75Y,
Q123: Economists disagree on the actual size of
Q126: The consumption schedule relates:<br>A)consumption to the level
Q127: The multiplier:<br>A)varies directly with the slope of
Q128: Suppose that the level of GDP increased
Q129: With an MPS of .4, the MPC
Q182: If the nominal interest rate is 18
Q213: If the saving schedule is a straight