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Author Question: If the marginal propensity to consume (MPC) is 0.75, the value of the spending multiplier is: a. 0. ... (Read 50 times)

Kikoku

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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.



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recede

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Answer to Question 1

c

Answer to Question 2

c




Kikoku

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Reply 2 on: Jun 30, 2018
Gracias!


zacnyjessica

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Reply 3 on: Yesterday
Excellent

 

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