If MPC = 0.80, MPS must be ______ and the income multiplier is ______

a. 1.20; 4
b. 0.20; 5
c. 1.80; 4
d. 0.25; 5
e. 0; 10


B

Economics

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The Great Depression consisted of how many business cycles?

A) 1 B) 2 C) 3 D) 4

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The marginal revenue product sets an upper limit to the wage rate an employer will pay.

Answer the following statement true (T) or false (F)

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Economics