If the Marginal Propensity to Save Is 0

question 400

Multiple Choice

If the marginal propensity to save is 0.25 in an economy with no imports or taxes, the multiplier equals

• A) 0.25.
• B) 0.75.
• C) 4.
• D) 1.33.

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A 19th-century industrialist and philanthropist known for his vast contributions to the steel industry and for establishing numerous libraries and educational institutions.

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