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Author Question: If the marginal propensity to consume (MPC) is 0.60, what is the spending multiplier? a. 0.4. b. ... (Read 231 times)

dakota nelson

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on: Jun 30, 2018
If the marginal propensity to consume (MPC) is 0.60, what is the spending multiplier?
 a. 0.4.
  b. 0.6.
  c. 2.5.
  d. 6.0.

Question 2

Which of the following is not counted as part of M1?
 a. Coins.
  b. Federal Reserve notes or  paper money.
  c. Passbook savings deposits.
  d. Checkable deposits.


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carolinefletcherr

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

c

Answer to Question 2

c


dakota nelson

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Reply #2 on: Jun 30, 2018
Correct answers!


carolinefletcherr

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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