If the marginal propensity to consume (MPC) is 0.96, the value of the spending multiplier is:

a. 25.
b. 40.
c. 96.
d. 100.

a

Economics

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If the dollar depreciates against the Indian rupee,

A) Indian imports to the U.S. become less expensive. B) The value of Indian imports to the United States does not change. C) U.S. exports to India become less expensive. D) U.S. exports to India become more expensive.

Economics

Between 1891 and 1896,

a. both "external" and "internal" gold drains plagued the U.S. Treasury. b. Americans rushed to exchange notes for gold. c. Treasury reserves of gold dipped below the minimum reserve of $100 million. d. increases in commodity exports ultimately bolstered the gold reserves of the Treasury. e. All of the above.

Economics