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:
4.66666666667
Step-by-step explanation:
Answer:
0.903
Step-by-step explanation:
I think that the answer is 7 dollrs
First lets rearrange the formula to solve for half-life.
The half-life is the time it takes for half of the element to decay.

So now we need to find "r" which is the rate of decay.
If we rearrange formula to solve for r:

Substituting this into equation for half-life, you get: