If the multiplier is 5, the marginal propensity to consume must be 0.8

Refer to Table 19-13. Real GDP for Vicuna for 2013 using 2015 as the base year equals

A) $4,620. B) $5,100. C) $5,650. D) $5,850.

The AK growth model indicates that countries with high saving rates experience ________, and countries with low saving rates experience ________

A) high growth rates; low growth rates B) low growth rates; high growth rates C) positive growth rates; no growth D) negative growth rates; positive growth rates