Bissoy.com
Doctors Medicines MCQs Q&A

If the marginal propensity to consume is greater than marginal propensity to save, the value of the multiplier will be (Choose the correct alternative) :

(a) greater than 2

(b) less than 2

(c) equal to 2

(d) equal to 5

4 views

1 Answers

If the marginal propensity to consume is greater than marginal propensity to save, the value of the multiplier will be greater than 2.

Hence, the correct option is (a).

4 views

Related Questions