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3 years ago

If the marginal propensity to consume is 0.8, (a) what is the value of the multiplier?

1 answer:

7 0

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

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Answer:

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Step-by-step explanation:

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Additional comment

The exterior angle is (18)(4) +5 = 77°. The marked unknown interior angle is -1+(8)(4) = 31°. The sum of the two remote interior angles is 46°+31° = 77°. The unmarked interior angle is 180°-77° = 103°.

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3 years ago

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3 years ago

A line passes through points (2,5) and (5, 14). What is the slope of this line?

topjm [15]

We know that:

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We are given:

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Calculating the change in y coordinate:

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Calculating the change in x coordinate:

Δx = second x - first x

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