An increase in the marginal propensity to consume (MPC) leads to an increase in the spending multiplier

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Retail trade is an example of

A) perfect competition. B) oligopoly. C) monopoly. D) monopolistic competition.

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Diversifiable risk refers to risk:

A. faced by a portfolio in general. B. that can be reduced with appropriate fiscal and monetary policy. C. posed by business cycle fluctuations. D. specific to a particular investment.

Economics