A) 1913. B) 1989. C) 1997. D) 2001.
C
What is the real wage rate?
What will be an ideal response?
If the simple spending multiplier is 10, the marginal propensity to save (MPS) is:
a. 1/10. b. 9/10. c. 1/9 d. 10/9. e. 9.