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Author Question: What famous economist said, By pursuing his own interest he (an individual) frequently promotes that ... (Read 14 times)

TVarnum

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on: Jun 30, 2018
What famous economist said, By pursuing his own interest he (an individual) frequently promotes that of the society more effectually than when he really intends to promote it?
 a. Alfred Marshall. b. Adam Smith.
  c. Karl Marx. d. Robert L. Heilbroner.

Question 2

If the MPC equals 0.80 then:
 a. the MPS equals 1.20.
  b. the multiplier equals 0.20.
  c. the multiplier equals 1 divided by 0.80.
  d. the multiplier equals 5.
  e. none of these.


Carliemb17

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


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