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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 85 times)

Kikoku

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

c

Answer to Question 2

c


Kikoku

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Reply 2 on: Jun 30, 2018
Excellent

scottmt

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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