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Author Question: If the marginal propensity to save (MPS) is 0.10, the value of the spending multiplier is: a. 1. ... (Read 84 times)

Brittanyd9008

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on: Jun 30, 2018
If the marginal propensity to save (MPS) is 0.10, the value of the spending multiplier is:
 a. 1.
  b. 9.
  c. 10.
  d. 90.

Question 2

M1 money includes all but which one of the following?
 a. Checkable deposits.
  b. Savings accounts.
  c. Paper money.
  d. Coins.


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kingfahad97

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

c

Answer to Question 2

b


Brittanyd9008

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

sultana.d

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

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