Multiple Choice
If the marginal propensity to consume (MPC) is 0.8, the multiplier will be
A) 0.8.
B) 1.
C) 4.
D) 5.
Correct Answer:
Verified
Related Questions
If the marginal propensity to consume (MPC) is 0.8, the multiplier will be
A) 0.8.
B) 1.
C) 4.
D) 5.
Correct Answer:
Verified