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:
Verified
Q165: If the MPC is.6, the simple multiplier
Q166: The simple multiplier may be calculated as:
A)1/(MPS
Q167: The simple multiplier:
A)occurs only in response to
Q168: The following table illustrates the multiplier process
Q169: The following table illustrates the multiplier process
Q171: The simple multiplier is:
A)1/APS.
B)1/APC.
C)1/MPC.
D)1/MPS.
Q172: The simple multiplier is:
A)1/MPC.
B)1/(1 + MPC).
C)1/MPS.
D)1/(1 -
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