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:
Hence, Eric's elevation changed
meters above. So after the 2 moves, he is up by
meters.
Step-by-step explanation:
Let us assume "negative" as climbing up and "positive" as climbing up. Here we need to find the change in elevation.
-
meters down means
.
meters up means
.
Now we have:

Answer:
40% chance
Step-by-step explanation:
Take the number of horses total and divide the number of bay horses.