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Question 16 (0.5 points) Given the following information: . marginal propensity to consume (mpc) = 0.75 net tax rate (t) = 0.20 . no foreign

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Question 16 (0.5 points) Given the following information: . marginal propensity to consume (mpc) = 0.75 net tax rate (t) = 0.20 . no foreign trade . fixed price level What is the value of the multiplier in this economy? a) 2.0 b) 1.67 O c) 2.5 O d) 6.67 e) 1.33

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