Exhibit 9-5 Keynesian aggregate-expenditures model where the MPC is 0.75 In Exhibit 9-5, the spending multiplier for this economy is equal to:
A)1.33.
B)4.
C)7.5.
D)8.

Question

Exhibit 9-5 Keynesian aggregate-expenditures model where the MPC is 0.75  In Exhibit 9-5, the spending multiplier for this economy is equal to:
A)1.33. 
B)4. 
C)7.5. 
D)8.

Quizplus · Accepted Answer

The Answer of Exhibit 9-5 Keynesian aggregate-expenditures model where the MPC is 0.75  In Exhibit 9-5, the spending multiplier for this economy is equal to:
A)1.33. 
B)4. 
C)7.5. 
D)8.

Exhibit 9-5 Keynesian Aggregate-Expenditures Model Where the MPC Is 0