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Author Question: The father of modern economics that wrote The Wealth of Nations is: a. Karl Marx b. John Maynard ... (Read 81 times)

tuffie

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on: Jun 30, 2018
The father of modern economics that wrote The Wealth of Nations is:
 a. Karl Marx b. John Maynard Keynes
  c. Adam Smith d. Thorstein Veblen

Question 2

If the marginal propensity to consume (MPC) is 0.80, the value of the spending multiplier is:
 a. 2.
  b. 5.
  c. 8.
  d. 10.


katheyjon

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

c

Answer to Question 2

b


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