In a closed economy, the value of multiplier , when MPC is 0.90
A) 25
B) 90
C) 10
D) 9
Correct Answer:
Verified
Q2: Market does not clear is a proposition
Q3: The interest rate paid on bonds is
Q4: The monetary policy is completely ineffective when
Q5: Monetarism is associated with:
A)keynesian school
B)chicago school
C)cambridge school.
D)neo-classical
Q6: Changes in the subjective or objective factors
A)never
Q8: Income is a ------- variable
A)flow
B)discontinuous
C)stock
D)none of the
Q9: Ratio of consumption expenditure to any particular
Q10: When MPS = 0.2, MPC will be
A)0.8
B)0.2
C)1.2
D)20
Q11: According to Keynes, rising aggregate income is
Q12: Who postulated the law Supply creates its
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents