Answer:
1) Arithmetic since it decreases by 3 so, -3n + 38.
2) Arithmetic since it decreases by 20 each time, so -20n+17
Step-by-step explanation:
Answer:
a
Step-by-step explanation:
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