This topic contains a solution. Click here to go to the answer

Author Question: Multiplier EffectsIf the marginal propensity to consume (MPC) is 0.6, then the multiplier is ... (Read 40 times)

dabomba718

  • Full Member
  • ***
  • Posts: 158

Question 1

Multiplier Effects

If the consumption function is defined as C = 4000 + 0.55Y, what is the value of the multiplier? (Round to the nearest hundredth.)
◦ 2.22
◦ 5.5
◦ 4.5
◦ 1.82

Question 2

Multiplier Effects

If the marginal propensity to consume (MPC) is 0.6, then the multiplier is ________. (Round to the nearest hundredth when appropriate.)
◦ 0.63
◦ 2.5
◦ 1.67
◦ 6


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by dabomba718 on Nov 23, 2022

labrinker

  • Full Member
  • ***
  • Posts: 162
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly




dabomba718

  • Member
  • Posts: 158
Reply 2 on: Nov 23, 2022
Excellent


bdobbins

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

For a complete list of videos, visit our video library