In the simple Keynesian expenditure model, a marginal propensity to consume of .9 leads to an expenditure multiplier of
A) .1.
B) .9.
C) 9.
D) 10.
D
Economics
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When the price of a good falls and the prices of other goods and a consumer's income remain the same, explain what happens to the consumption of the good whose price has fallen and to the consumption of other goods
What will be an ideal response?
Economics
Which of the following is a primary product?
a. Tomato sauce b. Chocolate bars c. Salt d. Breakfast cereal e. A desk
Economics