The following table illustrates the multiplier process in a private closed economy: Refer to the above table.The marginal propensity to consume is:
A).5.
B).8.
C).75.
D).9.

Question

The following table illustrates the multiplier process in a private closed economy:  Refer to the above table.The marginal propensity to consume is:
A).5. 
B).8. 
C).75. 
D).9.

Quizplus · Accepted Answer

The Answer of The following table illustrates the multiplier process in a private closed economy:  Refer to the above table.The marginal propensity to consume is:
A).5. 
B).8. 
C).75. 
D).9.

The Following Table Illustrates the Multiplier Process in a Private