If there are no taxes or imports and MPC = 0.75, the multiplier equals
A. 0.25.
B. 1.33.
C. 4.0.
D. 6.0.
Answer:C
If there are no taxes or imports and MPC = 0.75, the multiplier equals
A. 0.25. B. 1.33. C. 4.0. D. 6.0.