If MPC = 4/5, then value of the multiplier is:

Related MCQs

• As the value of MPC increases, the value of multiplier:
• In a closed economy, the value of multiplier , when MPC is 0.90
• When MPC = 0.5, the value of multiplier is
• When MPC is 0.5, the value of multiplier is:
• If in an economy, out of every additional Rs.100 of national income, Rs.20 is taxed, Rs.20 is saved, and Rs.10 is spent on imports, then the value of multiplier is:
• Psychological law of consumption states that the value of MPC is lies between zero and
• Value of MPC is
• The MPC has a value:
• The value of investment multiplier depends on:
• When MPS = 0.2, MPC will be