[Answered] If the marginal propensity to save (MPS) is 0.10, the value of the spending multiplier is: a. 1. ...

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Brittanyd9008

Hero Member
Posts: 500

on: Jun 30, 2018

If the marginal propensity to save (MPS) is 0.10, the value of the spending multiplier is:
a. 1.
b. 9.
c. 10.
d. 90.

Question 2

M1 money includes all but which one of the following?
a. Checkable deposits.
b. Savings accounts.
c. Paper money.
d. Coins.

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Marked as best answer by a Subject Expert

kingfahad97

Sr. Member
Posts: 308

Reply #1 on: Jun 30, 2018

Answer to Question 1

c

Answer to Question 2

b

Brittanyd9008

Member
Posts: 500

Reply 2 on: Jun 30, 2018

Wow, this really help

TheDev123

Member
Posts: 332

Reply 3 on: Yesterday

YES! Correct, THANKS for helping me on my review

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