Exploring Macroeconomics
Exploring Macroeconomics
7th Edition
ISBN: 9781285859446
Author: Sexton, Robert L.
Publisher: Cengage Learning
Question
Book Icon
Chapter 16, Problem 9P
To determine

Whether the multiplier could be written as 1 when divided by the marginal propensity to save.

Blurred answer
Students have asked these similar questions
If the multiplier is 5 , what is the marginal propensity to save (MPS)? 5 0.20 0.80 0.50
The value of multiplier is 1.35 Calculate the value of Marginal propensity to save
Find the value of the multiplier when the MPS equals to 0.70
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
Economics (MindTap Course List)
Economics
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Cengage Learning
Text book image
Macroeconomics
Economics
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Cengage Learning
Text book image
Economics For Today
Economics
ISBN:9781337613040
Author:Tucker
Publisher:Cengage Learning
Text book image
MACROECONOMICS FOR TODAY
Economics
ISBN:9781337613057
Author:Tucker
Publisher:CENGAGE L
Text book image
Economics:
Economics
ISBN:9781285859460
Author:BOYES, William
Publisher:Cengage Learning