This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the marginal propensity to consume (MPC) is 0.60, what is the spending multiplier? a. 0.4. b. ... (Read 257 times)

dakota nelson

  • Hero Member
  • *****
  • Posts: 604
on: Jun 30, 2018
If the marginal propensity to consume (MPC) is 0.60, what is the spending multiplier?
 a. 0.4.
  b. 0.6.
  c. 2.5.
  d. 6.0.

Question 2

Which of the following is not counted as part of M1?
 a. Coins.
  b. Federal Reserve notes or  paper money.
  c. Passbook savings deposits.
  d. Checkable deposits.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carolinefletcherr

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


dakota nelson

  • Hero Member
  • *****
  • Posts: 604
Reply #2 on: Jun 30, 2018
Correct answers!


carolinefletcherr

  • Sr. Member
  • ****
  • Posts: 313
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

A graphical representation of the marginal value theorem. A graphical representation of the marginal value theorem.
Food Sources of Fiber Adults need to consume about 21 to 38 grams of fiber daily Food Sources of Fiber Adults need to consume about 21 to 38 grams of fiber daily
Nearly all the food that you consume originates on a farm Nearly all the food that you consume originates on a farm
Growth of Government Spending, 1870–2009 Growth of Government Spending, 1870–2009
Researchers and Research Spending, 2009 Researchers and Research Spending, 2009
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
Video: Lipid digestion - mouth, stomach and small intestine

For a complete list of videos, visit our video library