MCQOPTIONS
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| 1. |
In a closed economy with no taxes, if the marginal propensity to consume is always 0.90, then the value of the multiplier will be |
| A. | 10.00 |
| B. | 1.00 |
| C. | 0.90 |
| D. | 0.10 |
| Answer» B. 1.00 | |