Advertisements
Advertisements
Question
If MPC = 0.5, then multiplier (K) will be ______
Options
1/2
1
2
0
MCQ
Fill in the Blanks
Solution
If MPC = 0.5, then multiplier (K) will be 2.
shaalaa.com
Determination of Equilibrium Income in the Short Run - The Multiplier Mechanism
Is there an error in this question or solution?
