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Author Question: When the marginal propensity to consume (MPC) increases A) the average propensity to save remains ... (Read 179 times)

bclement10

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When the marginal propensity to consume (MPC) increases
 
  A) the average propensity to save remains unchanged.
  B) the multiplier remains unchanged.
  C) the multiplier decreases.
  D) the multiplier increases.

Question 2

If the banking system has a required reserve ratio of 40 percent, then the money multiplier is
 
  A) 2. B) 2.5. C) 4. D) 8.



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BAOCHAU2803

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Answer to Question 1

D

Answer to Question 2

B




bclement10

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Reply 2 on: Jun 30, 2018
Excellent


kswal303

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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