Solved

The Size of the Simple Multiplier Is Equal to The

Question 37

Multiple Choice

The size of the simple multiplier is equal to the:


A) slope of the consumption schedule.
B) reciprocal of the slope of the consumption schedule.
C) slope of the saving schedule.
D) reciprocal of the slope of the saving schedule.

Correct Answer:

verifed

Verified

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

Related Questions

Q32: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" The above figure

Q33: Suppose the consumption schedule is: C =

Q34: If the MPS is 1, the multiplier

Q35: The real interest rate is:<br>A)the percentage increase

Q36: Which of the following relations is not

Q39: Suppose the government finds it can increase

Q40: The most important determinant of consumption and

Q42: A $1 billion increase in investment will

Q74: As disposable income increases, consumption<br>A) and saving

Q188: The multiplier is equal to the reciprocal