If the multiplier is 10 and income increases by $1000, then saving will increase by

A) $90.
B) $900.
C) $100.
D) $1000.

C

Economics

You might also like to view...

Refer to Figure 4-9. What area represents consumer surplus after the imposition of the price floor?

A) A + B B) A + B + E C) A + B + E + F D) A

Economics

First, provide a brief explanation of what the unemployment rate measures. Second, explain how changes in each of the components of the unemployment rate can cause changes in the unemployment rate

What will be an ideal response?

Economics