xoastrid5272 xoastrid5272

08-05-2024
Mathematics

contestada

If the marginal propensity to consume is 0.8 , then the multiplier is:

a. 10.
b. 5.
c. 4.
d. 8.

Respuesta :

Despina Despina

08-05-2024

Answer:

b. 5

Step-by-step explanation:

The formula for the multiplier is given by,

Multiplier = 1 / (1 - MPC)

Where MPC is the marginal propensity

Multiplier = 1/(1 - 0.8)

Multiplier = 1/0.2

Multiplier = 5

So the correct answer is b. 5.

Answer Link

Otras preguntas

A healthy human body is approximately 18% carbon by weight. Determine how many pounds of carbon a body weighing 200 lbs contains. How many kilograms would that

Explain why Wegner's use of shorelines to match continents in his reconstruction of Pangaea was criticized by other geoscientists and how that issue was subsequ

We know from the relative amounts of 16O and 18O that global temperatures and global climate have changed over time. Why is it important for scientists to be ab

help needed again . summer school issues

If two identical atoms are bonded together, what kind of molecule is formed? A. A bent, nonpolar molecule B. A linear, polar molecule C. A linear, nonpolar mole

What is the name for disagreements based on regional differences?

which of the following describes the number 0.5? A. irrational, terminating decimal B. Rational, repeating decimal C. irrational, nonrepeating decimal D. Rat

What is the area of the parallelogram? A. 39. 20 cm2 B. 39.33 cm? c. 56.58 cm2 D. 78.66 cm2 E. 93.48 cm2

In January 2012, an investor purchased 400 shares of Engulf & Devour, a rapidly growing high-tech conglomerate. From 2012 through 2016, the stock turned

Identify this molecule