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Author Question: If the marginal propensity to save (MPS) is 1/8, the value of the simple spending multiplier is: a. ... (Read 196 times)

justinmsk

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If the marginal propensity to save (MPS) is 1/8, the value of the simple spending multiplier is:
 a. 8.
 b. 1/8.
  c. 2.
 d. 1/2.
  e. 4.

Question 2

The Coase Theorem states that the private sector can achieve environmental efficiency, as long as property rights are clearly assigned.
 a. True
  b. False
  Indicate whether the statement is true or false



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mcni194

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Answer to Question 1

a

Answer to Question 2

True





 

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