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
-1/2 ans. Hope it helps..
Answer:
It tell the direction and the steepness of the line. Which means how much they rise or how much they fall, horizontal or vertical. It represent by the letter m
Step-by-step explanation:
m= y/x
more detail
m= y₂ - y₁ / x₂ - x₁
