One divided by the marginal propensity to save (MPS) is the formula for
A. autonomous consumption.
B. the multiplier.
C. the inverse of the multiplier.
D. one minus the multiplier.
Answer: B
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Some people make purchases without complete information because:
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Which of the following is closest to the future value of a $40,000 deposit earning 3 percent interest annually after 5 years?
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a. Ireland b. China c. New Zealand d. All of the above.