If there are no income taxes or imports, the multiplier equals
A. 1/(1 - marginal propensity to consume).
B. 1/(1 - marginal propensity to save).
C. 1/(1 - marginal propensity to import).
D. 1/(1 - marginal propensity to invest).
Answer:A
If there are no income taxes or imports, the multiplier equals
A. 1/(1 - marginal propensity to consume). B. 1/(1 - marginal propensity to save). C. 1/(1 - marginal propensity to import). D. 1/(1 - marginal propensity to invest).