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Author Question: If the marginal propensity to consume is 0.75, then the value of the tax multiplier is A) -2.5. ... (Read 95 times)

rachel9

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If the marginal propensity to consume is 0.75, then the value of the tax multiplier is
 
  A) -2.5. B) -3. C) 1.25. D) 1.4.

Question 2

According to the U.S. Secret Service, approximately 2.6 billion of U.S. paper currency in circulation is counterfeit. Undetected counterfeit U.S. currency being held by the public both at home and abroad will impact the level of
 
  A) M1. B) the money multiplier.
  C) the reserve ratio. D) commodity money.



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Laurenleakan

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Answer to Question 1

B

Answer to Question 2

A




rachel9

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Reply 2 on: Jun 30, 2018
Gracias!


phuda

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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