Find the value of the multiplier when (a) MPC = 0.40 (b) MPS = 0.25 (c) MPC
Question:
(a) MPC = 0.40
(b) MPS = 0.25
(c) MPC = 0.67
(d) MPS = 0.50
(e) MPC = 0.90
(f) MPC = 0.75.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
The multiplier k can be calcula...View the full answer
Answered By
Pushpinder Singh
Currently, I am PhD scholar with Indian Statistical problem, working in applied statistics and real life data problems. I have done several projects in Statistics especially Time Series data analysis, Regression Techniques.
I am Master in Statistics from Indian Institute of Technology, Kanpur.
I have been teaching students for various University entrance exams and passing grades in Graduation and Post-Graduation.I have expertise in solving problems in Statistics for more than 2 years now.I am a subject expert in Statistics with Assignmentpedia.com.
4.40+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
A. Explain the concept of the multiplier, and explain the role of the marginal propensity to consume in determining the size of the multiplier. B. Explain how the size of the multiplier will change...
-
What is the multiplier effect? What relationship does the MPC bear to the size of the multiplier? The MPS? What will the multiplier be when the MPS is 0, .4, .6, and 1? What will it be when the MPC...
-
True or False: 1. The multiplier would be smaller if the marginal propensity to consume were smaller. 2. If the MPC were equal to two-thirds, the multiplier would be equal to 3. 3. The multiplier may...
-
A 40,000-seat college football stadium is used 22 times for games, concerts, and graduation ceremonies. Each event averages four hours and assumes the stadium is full for each event. The stadium is...
-
A student builds and calibrates an accelerometer, which she uses to determine the speed of her car around a certain unbanked highway curve. The accelerometer is a plumb bob with a protractor that she...
-
This dramatization of the nearly disastrous Apollo 13 space mission to the moon illustrates creative problem solving. What creative problem-solving techniques are exhibited?
-
Identify the major business function and activities common to the conversion cycle.
-
Recent financial statements for Madison Company are given below: Account balances at the beginning of the companys fiscal year were: accounts receivable, $140,000; and inventory, $260,000. All sales...
-
What is the first stage of the perception process, requiring us to use our visual, auditory, tactile, and olfactory senses to respond to stimuli in our interpersonal environment. Explain in details.
-
Appliances Unlimited (AU) sells refrigerators. Any refrigerator that fails before it is three years old is replaced for free. Of all refrigerators, 3% fail during their first year of operation; 5% of...
-
Why does the marginal propensity to consume determine the size of the multiplier?
-
How does Keynes's famous remark, "In the long run we are all dead," relate to the debate between classical and Keynesian economists?
-
What are some ways that a parent could effectively shift income to a child? What are some of the disadvantages of these methods?
-
What decision would you make in this situationland or sea?
-
Study the popular social networking site LinkedIn. What growth strategies has the company employed? Make recommendations for appropriate growth strategies for the future.
-
Suppose the 1-year futures price on a stock-index portfolio is 1,914, the stock index currently is 1,900, the 1-year risk-free interest rate is 3%, and the year-end dividend that will be paid on a...
-
The statement of cash flows is analogous to a checkbook register because it records the cash generated by a business. True or False
-
Online sales increase ________ when compared to the performance of traditional brick and mortar retail stores. outbound transportation costs the inventory holding cost the cost of building and...
-
Do as I say, not as I do. Analyze this phrase interms of supervisors being effective communicators,and in terms of its effect on credibility and trust among the supervisors employees.
-
Read Case Study Google: Dont Be Evil Unless and answer the following: Given its mission of providing information to the world, should Google censor searches in China?
-
When domestic and foreign bonds are perfect substitutes, a central bank should be indifferent about using domestic or foreign assets to implement monetary policy. Discuss.
-
U.S. foreign exchange intervention is sometimes done by an Exchange Stabilization Fund, or ESF (a branch of the Treasury Department), which manages a portfolio of U.S. government and foreign currency...
-
Use a diagram like Figure to explain how a central bank can alter the domestic interest rate, while holding the exchange rate fixed, under imperfect asset substitutability. Exchange rate, E...
-
A manufacturer reports finished goods inventory of $820 on June 1 and $1,130 on June 30. Cost of goods manufactured for June is $5,460. What is cost of goods sold for June? Cost of Goods Sold Cost of...
-
Stacey's Piano Rebuilding Company has been operating for one year. At the start of the second year, its income statement accounts had zero balances and its balance sheet account balances were as...
-
MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year...
Study smarter with the SolutionInn App