38 if the mpc for the closed economy with no government is
38. If the MPC for the closed economy with no government is 0.8, the:
A) MPS is 1/0.8.
B) the multiplier is 5.
C) the multiplier is 8.
D) the MPS is 0.4.
How do you get that the multiplier is 5? do i use the multiplier formula?
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38 if the mpc for the closed economy with no government is 08 thenbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbsp
if the slope of the ae function was 08 from the mpc before taxes and government introduced net taxes nt 02y the slope
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