If the multiplier is 10, then the marginal propensity to consume (MPC) is
A) 0.9.
B) 0.1.
C) 1.
D) 9.
Answer: A
If the multiplier is 10, then the marginal propensity to consume (MPC) is
A) 0.9.
B) 0.1.
C) 1.
D) 9.
Answer: A
Economics MCQ
Economics Chapter 12
If the multiplier is 10, then the marginal propensity to consume (MPC) is