Each Additional Round of the Multiplier Process Will Tend to Be

question 35

Multiple Choice

Each additional round of the multiplier process will tend to be larger:

• A)​the smaller the MPC.
• B)​the greater the rate of income taxation.
• C)​the less people save from increases in their incomes.
• D)​the larger the fraction of each dollar of domestic income spent on imported goods.
• E)​in each of the above cases.