Assuming No Government or Foreign Sector, the Formula for the Multiplier

question 246

Multiple Choice

Assuming no government or foreign sector, the formula for the multiplier is

• A) 1/MPC.
• B) 1/MPS.
• C) 1/(1 + MPC).
• D) 1 - MPC.

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Definitions:

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National Association of Manufacturers

A trade association founded in 1895, representing small and large manufacturers in every industrial sector and in all 50 states in the U.S.

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The systematic mistreatment of an individual or group by another group due to political, religious, or ethnic differences.

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