Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 12, 2024

If the marginal propensity to save (MPS) approaches the value of zero (0), the value of the consumption multiplier approaches . (a) one-half (b) infinity

If the marginal propensity to save (MPS) approaches the value of zero (0), the value of the consumption multiplier approaches .

(a) one-half

(b) infinity

(d) zero

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus

Authors: Jon Rogawski, Colin Adams, Robert Franzosa

4th Edition

1319055842, 9781319055844

More Books

Students also viewed these Economics questions

Question

★★★★★

A 10.2 MeV Li nucleus is shot directly at the center of a Ds nucleus. At what center-to-center distance does the Li momentarily stop, assuming the Ds does not move?

Answered: 1 week ago

Question

★★★★★

7. A charger for the 7.2V or 8.4V battery pack. An adjustable DC power supply can be used to charge the battery if it is properly adjusted and timed so that the battery is not overcharged....

Answered: 1 week ago

Question

★★★★★

2.2 You are given n = 8 measurements: 3, 2, 5, 6, 4, 4, 3, 5. a. Find x. b. Find m. c. Based on the results of parts a and b, are the measurements symmetric or skewed? Draw a dotplot to confirm your...

Answered: 1 week ago

Question

★★★★★

Determine the magnitude of force F so that the resultant FR of the three forces is as small as possible. What is the minimum magnitude of FR? Units Used: kN = 1000 N Given: F1 = 5 kN F2 = 4 kN...

Answered: 1 week ago

Question

★★★★★

My Art sells framed art prints for $100. The unit variable cost per phone is $50 plus a selling commission of 10%. Fixed manufacturing costs total $1,250 per month, while fixed selling and...

Answered: 1 week ago

Question

★★★★★

Sundae Ice Corporation Trial Balance December 31, 2013 Account Cash Accounts Receivable Allowance for Doubtful Accounts Note Receivable (1 month) Debit Credit $45,000 85,000 $1,000 20,000 Prepaid...

Answered: 1 week ago

Question

★★★★★

The use of primary elections completely eliminates the influence of political bosses or political machines in Texas. Question 24 options: True False

Answered: 1 week ago

Question

★★★★★

Gibson Valves produces cast bronze valves on an assembly line, currently producing 1600 valves per shift. If the production is increased to 2000 valves per shift, labor productivity will increase by

Answered: 1 week ago

Question

★★★★★

1. Consider the following: Time Period 1 2 3 4 Total cost Receipts $20,000 $30,000 $50,000 $60,000 Total Cost Disbursements $15,000 $36,000 $59,000 $44,000 The organization must maintain a $5,000...

Answered: 1 week ago

Question

★★★★★

Income Statements under Absorption Costing and Variable Costing Gallatin County Motors Inc. assembles and sells snowmobile engines. The company began operations on July 1 and operated at 100% of...

Answered: 1 week ago

Question

★★★★★

1) World Coffee, Incorporated has provided the following information pertaining to the store's month ended October 31, 2022: Sales revenue $100,000 Supplies expense $1,500 Interest expense 6,900 Rent...

Answered: 1 week ago

Question

★★★★★

Competitive Advantage is: Product placement, packaging and display x How your company is unique The production process of your company 0/1 point Question 47 In this course, we have learnt that to...

Answered: 1 week ago

Question

★★★★★

1. Set a personal goal for yourself in your work situation. Examine this goal in the light of the 10 factors to achieve goals.

Answered: 1 week ago

Question

★★★★★

4. Set up at least one work role that is important for you to master. Reflect on how you can use your time more efficiently, not necessarily spend more time, to perform better in this work role.

Answered: 1 week ago

Question

★★★★★

3. List four goals that are important to you. Then set up the roles that correspond to these goals. How will you shape your personal vision as a result of your goals and roles?

Answered: 1 week ago

Previous Question Next Question