When the MPC = 0.9, the multiplier is
A) 0.20.
B) 1.25.
C) 2.50.
D) 5.00.
E) 10.00.
E
You might also like to view...
In 2009, the Social Security System ran a surplus of approximately $137 billion.
Answer the following statement true (T) or false (F)
Which of the following countries meets regularly the UN target for the provision of foreign aid (as a percent of GNI)?
(a) Japan. (b) United States. (c) Denmark. (d) France.
The quantity of money demanded decreases at every combination of GDP and interest rate. If the Fed holds to an unchanged money supply target, the interest rate __________ and GDP __________
A) rises; rises B) rises; falls C) falls; rises D) falls; falls
If firms in a competitive market are NOT identical, then the long-run market supply curve will be
A) horizontal. B) upward sloping. C) downward sloping. D) undetermined.