Suppose the Marginal Propensity to Save Is 1/8

question 111

Multiple Choice

Suppose the marginal propensity to save is 1/8.What is the value of the simple multiplier?  

• A) 8 
• B) 4 
• C) 1/2 
• D) 1/8

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A conservative youth organization in the United States, founded in 1960 to advocate for free market economics, limited government, and national defense.

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Individuals or groups favoring traditional values, resistance to change, and the maintenance of established social norms and institutions.

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