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If the MPC is 0.95 and the MPM is 0.15, the open economy multiplier is 5.

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If the MPC is 0.95 and the MPM is 0.15, the open economy multiplier is 5.

If the MPC is 0.95 and the MPM is 0.15, the open economy multiplier is 5.
A) True
B) False

Textbook

Principles of Macroeconomics

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

Read 149 times

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NYC Author

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8 years ago

Perfect answer, thank you

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