Assuming there is no government or foreign sector, if the MPC is 0.8, the multiplier is-
A. 0.2
B. 0.8
C. 1.25
D. 5
Answer:D
Assuming there is no government or foreign sector, if the MPC is 0.8, the multiplier is-
A. 0.2 B. 0.8 C. 1.25 D. 5