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Home Q & A Board Other Fields Homework Help Business Economics
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Hpreet796 Hpreet796
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4 years ago
Let C = 800 + 0.6y and I = 100. Assume no government or foreign sectors. If investment decreases by 40, then the value of the multiplier is

▸ -2.5.

▸ -1.67.

▸ 1.67.

▸ 2.5.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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kamronetkamronet
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