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 77 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
Wow, this really help

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Primates exhibit prolonged life histories, spending more time in each stage of life than most other Primates exhibit prolonged life histories, spending more time in each stage of life than most other
You Need to Consume Carbohydrates Daily You Need to Consume Carbohydrates Daily
People with night eating syndrome may consume more than half their day's calories between 8 pm ... People with night eating syndrome may consume more than half their day's calories between 8 pm ...
Growth of Government Spending, 1870–2009 Growth of Government Spending, 1870–2009
Researchers and Research Spending, 2009 Researchers and Research Spending, 2009
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Video: Carbohydrate digestion (brush border enzymes, end products) & Carb absorption (fructose, galactose)

For a complete list of videos, visit our video library