If the multiplier in the economy is 3, the marginal propensity to save (MPS) must be
A) 0.33.
B) 0.67.
C) 1.
D) 3.
Answer: A
If the multiplier in the economy is 3, the marginal propensity to save (MPS) must be
A) 0.33.
B) 0.67.
C) 1.
D) 3.
Answer: A
Economics MCQ
Economics Chapter 12
If the multiplier in the economy is 3, the marginal propensity to save (MPS) must be