The Formula for the Multiplier Is

question 59

Multiple Choice

The formula for the multiplier is:

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

---

Definitions:

Payee

The individual or entity to whom a payment is to be made or is made.

Certificate of Deposit

A savings certificate entitling the bearer to receive interest, which has a fixed maturity date and specified fixed interest rate.

Acknowledgement

The act of recognizing or admitting the truth, validity, or legality of something.

Maker

A person who makes or executes an instrument. The signer of an instrument.