If the multiplier is 4, the marginal propensity to consume (MPC) must be
A) 0.25.
B) 0.5.
C) 0.75.
D) 1.
Answer: C
If the multiplier is 4, the marginal propensity to consume (MPC) must be
A) 0.25.
B) 0.5.
C) 0.75.
D) 1.
Answer: C
Economics MCQ
Economics Chapter 12
If the multiplier is 4, the marginal propensity to consume (MPC) must be