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Munze Munze
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6 years ago
An increase in the marginal propensity to save from .1 to .2 will cause
A) an increase in the multiplier and a given change in autonomous consumption (c0) to have a smaller effect on output.
B) an increase in the multiplier and a given change in autonomous consumption (c0) to have a larger effect on output.
C) a reduction in the multiplier and a given change in autonomous consumption (c0) to have a smaller effect on output.
D) a reduction in the multiplier and a given change in autonomous consumption (c0) to have a larger effect on output.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
Read 55 times
2 Replies
Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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6 years ago
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Munze Author
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5 years ago
Thanks so much Smiling Face with Open Mouth Slight Smile
Macroeconomics, 6/E (Blanchard, Johnson)
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