If the Marginal Propensity to Consume (MPC)is 4/5,the Value of the Simple

question 11

Multiple Choice

If the marginal propensity to consume (MPC) is 4/5,the value of the simple multiplier is:

• A)4.
• B)1/5.
• C)4/5.
• D)5/4.
• E)5.

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