Assume that in a particular economy the MPC = 0.64 and the MPM = 0.14.
-Refer to the graph to answer this question.What is the value of the multiplier?
A)0.75.
B)2
C)2.5.
D)4.
E)500.

Question

Quizplus · Accepted Answer

The Answer of Assume that in a particular economy the MPC = 0.64 and the MPM = 0.14.
-Refer to the graph to answer this question.What is the value of the multiplier?
A)0.75.
B)2
C)2.5.
D)4.
E)500.

Assume That in a Particular Economy the MPC = 0