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

Author Question: If the marginal propensity to consume (MPC) is 0.75, the value of the spending multiplier is: a. 0. ... (Read 51 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
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
Answer to Question 1

c

Answer to Question 2

c




Kikoku

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
:D TYSM


cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

For a complete list of videos, visit our video library