The following table illustrates the multiplier process in a private closed economy:

-Refer to the above table.The marginal propensity to consume is:
A) .5.
B) .8.
C) .75.
D) .9.

Question

The following table illustrates the multiplier process in a private closed economy:
 
-Refer to the above table.The marginal propensity to consume is:
A) .5. 
B) .8. 
C) .75. 
D) .9.

Quizplus · Accepted Answer

The Answer of The following table illustrates the multiplier process in a private closed economy:
 
-Refer to the above table.The marginal propensity to consume is:
A) .5. 
B) .8. 
C) .75. 
D) .9.

The Following Table Illustrates the Multiplier Process in a Private