The answer is 12, hope this helps
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:
<h2>10/16=5/8 </h2>
<h3>Option C is correct.....</h3>
Answer:
8 1/2 hrs/wk
Step-by-step explanation:
3(1 1/2 hrs) plus
2(1 1/4 hrs) plus
2(3/4 hr)
The LCD here is 4. Convert 3(1 1/2 hrs) to 3(1 2/4 hrs), so that we now have:
3(1 2/4 hrs) = 3 6/4 hrs
+2(1 1/4 hrs) = 2 2/4 hrs
+2(3/4 hrs) = 6/4 hrs
-------------------------------------
5 14/4 hrs, or
5 + 3 2/4 hrs, or
8 1/2 hours/week
