Refer to the information provided in Figure 19.1 below to answer the questions that follow. Figure 19.1
-Refer to Figure 19.1. The ________ in this economy is 0.8.

Question

Refer to the information provided in Figure 19.1 below to answer the questions that follow.  Figure 19.1
-Refer to Figure 19.1. The ________ in this economy is 0.8.

Quizplus · Accepted Answer

The given information in Figure 19.1 shows the MPC (marginal propensity to consume) as 0.8, which represents the increase in consumer spending as a result of an increase in disposable income. The other options, MPS (marginal propensity to save) and MPM (marginal propensity to import), are not given in the provided information. The open economy multiplier is also not explicitly mentioned in the given information.

Refer to the Information Provided in Figure 19