If the marginal propensity to consume is 0.80, the value of the spending multiplier will be 5
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Using the table above, if the current market value of the dollar is 125 francs
A) investor A holds dollars, but B and C hold francs. B) investor A holds francs, but B and C hold dollars. C) all three investors hold francs. D) all three investors hold dollars.
Economics
A mutual life insurance company is owned and controlled by its
A) partners. B) managers. C) stockholders. D) policyholders.
Economics