Where MPC Is the Marginal Propensity to Consume,the Formula for the Spending

question 26

Multiple Choice

Where MPC is the marginal propensity to consume,the formula for the spending multiplier is:

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

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