The MPC has a value:

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
• Psychological law of consumption states that the value of MPC is lies between zero and
• When MPC = 0.5, the value of multiplier is
• Value of MPC is
• If MPC = 4/5, then value of the multiplier is:
• When MPC is 0.5, the value of multiplier is:
• When MPS = 0.2, MPC will be
• In the equation C = 60 + 0.6 Y, MPC is
• When disposable income rises from Rs 500 to Rs 600 and consumption expenditure changes from Rs 470 to Rs 560, MPC will be equal to