Multiple Choice
Assuming there is no government or foreign sector, if the multiplier is 2.5, the marginal propensity to consume must be:
A) 0.6.
B) 0.8.
C) 0.25.
D) 2.5.
Correct Answer:
Verified
Related Questions
Assuming there is no government or foreign sector, if the multiplier is 2.5, the marginal propensity to consume must be:
A) 0.6.
B) 0.8.
C) 0.25.
D) 2.5.
Correct Answer:
Verified
