Given the marginal propensity to consume (MPC), the miltiplier is given by
Multiplier = 1 / (1 - MPC)
Given that the marginal propensity to consume is 0.8, the multiplier is given by
Multiplier = 1 / (1 - 0.8) = 1 / 0.2 = 5
Answer:
1
Step-by-step explanation:
To find f(4), find the point in the graph where x = 4 .
And if you look at the point where x = 4 ; y = 1 .
So the answer is : 1
Answer:
B
Step-by-step explanation:
I'm pretty sure the answer is D, if not C.
