If the marginal propensity to consume (MPC) is 0.8, the multiplier will be
A) 0.8.
B) 1.
C) 4.
D) 5.
Answer: D
If the marginal propensity to consume (MPC) is 0.8, the multiplier will be
A) 0.8.
B) 1.
C) 4.
D) 5.
Answer: D
Economics MCQ
Economics Chapter 12
If the marginal propensity to consume (MPC) is 0.8, the multiplier will be