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:
the first one is 0.08 second 0.06 third 0.04 fourth 0.035
Step-by-step explanation:
just divide total cost by amount
1. 14x+4
2. 2+4d
3. not sure what the question wants..not understanding 7-^-3r
