If the multiplier is 3.33 and there are no imports or income taxes, then the
A. MPC is 0.7.
B. MPS is 0.3.
C. Both of the above answers are correct.
D. None of the above answers are correct.
Answer:C
If the multiplier is 3.33 and there are no imports or income taxes, then the
A. MPC is 0.7. B. MPS is 0.3. C. Both of the above answers are correct. D. None of the above answers are correct.