Let C = 80 + 0.6y and I = 40. The value of the MPS is
A) 0.24. B) 0.4. C) 0.48. D) 0.6.
B
Economics
You might also like to view...
In the housing market, rents serve the purpose of
A) making landlords rich. B) rationing the availability of existing housing. C) providing an entry by the government into the housing market. D) increasing tax collections by the community.
Economics
Describe the three basic tools used by the Fed to change the money supply. Which of these tools is most relied on in practice? Least relied on? Why?
Economics