This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the marginal propensity to consume (MPC) is 0.75, the value of the spending multiplier is: a. 0. ... (Read 75 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
If the marginal propensity to consume (MPC) is 0.75, the value of the spending multiplier is:
 a. 0.
  b. 1.
  c. 4.
  d. 5.

Question 2

Which of the following is not part of M1?
 a. Checking accounts.
  b. Coins.
  c. Credit cards.
  d. Paper currency.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

recede

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


Kikoku

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

fatboyy09

  • Member
  • Posts: 358
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Adults in late middle adulthood frequently look forward to spending more time with their partner Adults in late middle adulthood frequently look forward to spending more time with their partner
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
You Need to Consume Carbohydrates Daily You Need to Consume Carbohydrates Daily
Nearly all the food that you consume originates on a farm Nearly all the food that you consume originates on a farm
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
Video: System organization - PPM system types (Somatic, Autonomic & Enteric) and Reflex arc types

For a complete list of videos, visit our video library