The larger is the marginal propensity to consume (MPC),
A) the larger is the multiplier.
B) the smaller is the multiplier.
C) the smaller is the slope of the consumption function.
D) the larger is the slope of the saving function.
Answer: A
The larger is the marginal propensity to consume (MPC),
A) the larger is the multiplier.
B) the smaller is the multiplier.
C) the smaller is the slope of the consumption function.
D) the larger is the slope of the saving function.
Answer: A