The multiplier equals
A) consumption/real disposable income.
B) change in consumption/change in real disposable income.
C) 1/MPC.
D) 1/(1 - MPC).
Answer: D
The multiplier equals
A) consumption/real disposable income.
B) change in consumption/change in real disposable income.
C) 1/MPC.
D) 1/(1 - MPC).
Answer: D