Answered: If the MPC were equal to zero, the…

If the MPC were equal to zero, the expenditure multiplier would be * a. Less than zero b. zero c. between zero and one d. one e. greater than one

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter19: The Keynesian Model In Action

Section: Chapter Questions

Problem 8SQ

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Question

17. If the MPC were equal to zero, the expenditure multiplier would be *

a. Less than zero

b. zero

c. between zero and one

d. one

e. greater than one

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