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 1.25.

Name: 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 1.25.
Brand: Quizplus
Rating: 4.8 (43 reviews)

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 1.25.

Quizplus · Accepted Answer

The open economy multiplier is calculated as 1/(1 - MPC + MPM), and if it is given as 1.25, it matches the description of the open economy multiplier.

Refer to the Information Provided in Figure 19