Multiplier is obtained by:
A) 1 - mpc
B) 1/1- mps
C) 1/1- apc
D) 1/1-mpc
Correct Answer:
Verified
Q13: The concept of effective demand is associated
Q14: The proportion between total income and total
Q15: The proportion between incremental income and incremental
Q16: The proportion between total income and total
Q17: 1- MPC is called:
A)apc
B)aps
C)mpc
D)mps
Q18: APC + APS is equal to:
A)0
B)>0
C)1
D)<0
Q20: Exports minus imports is termed as:
A)net income
B)net
Q21: As income increases consumption also increases, but:
A)proportionately
B)more
Q22: The expected return on investment is called:
A)marginal
Q23: Marginal efficiency of investment curve is:
A)slopping downwards
B)slopping
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