If the multiplier is 4,the marginal propensity to consume must be
A) 0) 25.
B) 0) 5.
C) 0) 75.
D) 1)
Correct Answer:
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Q78: Figure 9-4 Q79: Suppose the equilibrium level for an economy Q80: In the Keynesian model,government spending is considered Q81: A permanent reduction in investment spending leads Q82: If the marginal propensity to consume is Q84: If an increase of $5 billion in Q85: If the marginal propensity to save is Q86: If the multiplier in the economy is Q87: An increase in net exports leads to Q88: If the MPC is 0.9,the multiplier for
A)a
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