A marginal propensity to save of 0.20 results in a multiplier of

A) 2.
B) 5.
C) 1.25.
D) 8.
E) 1.

B

Economics

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In the model of monopolistic competition, an increase in industry output will ________ producers of ________ higher-priced goods and ________ producers of lower-priced goods

A) harm; benefit B) benefit; harm C) harm; harm D) benefit; benefit E) benefit; have no effect on

Economics

When comparing elasticities between two different linear demand curves, the curve that is flatter has greater price elasticity at every given price

Indicate whether the statement is true or false

Economics