Answer:
12 only.
Step-by-step explanation:
When the question is asking for f(0), it is asking for the value of <em>y </em>when x = 0.
We see that there is only 1 intersection at x = 0, and the y value would equal 12.
Therefore, our answer is 12 only.
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:
17/6
So this is the answer. If you want to convert to decimal... The answer will be 2.83..hope it is right