[Answered] If the marginal propensity to save (MPS) is 0.50, the value of the spending multiplier is: a. 1. ...

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Author Question: If the marginal propensity to save (MPS) is 0.50, the value of the spending multiplier is: a. 1. ... (Read 46 times)

RODY.ELKHALIL

Hero Member
Posts: 591

on: Jun 30, 2018

If the marginal propensity to save (MPS) is 0.50, the value of the spending multiplier is:
a. 1.
b. 2.
c. 4.
d. 9.

Question 2

The largest component of the M1 definition of the money supply is:
a. traveler's checks.
b. savings accounts.
c. money market accounts.
d. checkable deposits

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Marked as best answer by a Subject Expert

owenfalvey

Sr. Member
Posts: 337

Reply #1 on: Jun 30, 2018

Answer to Question 1

b

Answer to Question 2

d

RODY.ELKHALIL

Member
Posts: 591

Reply 2 on: Jun 30, 2018

Great answer, keep it coming

ASDFGJLO

Member
Posts: 335

Reply 3 on: Yesterday

Thanks for the timely response, appreciate it

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