The multiplier is the reciprocal of
A) marginal propensity to save
B) marginal propensity to consume
C) both mpc and mps
D) none of the above
Correct Answer:
Verified
Q8: The idea that governmental redistributions of income
Q9: Which of the following is not among
Q10: Which of the following is the nucleus
Q11: The study of the effect of consumption
Q12: Who among the following was the leader
Q14: The mew classical economics is based on
A)market
Q15: The welfare of all means:
A)swaraj
B)sarvodaya
C)brahmacharya
D)swadeshi
Q16: The desire of people to keep money
Q17: According to Keynes marginal efficiency of capital
Q18: The change in income as a result
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