Question
The value of expenditure multiplier when
marginal propensity to save is 0.4 isÂSolution
Multiplier = 1/MPS = 1/0.4 = 2.5
More Research Questions
- In the given number series, find the wrong number.
4, 9, 19, 39, 79, 159, 319 5000, 4050, 3240, 2268, 1360.8, 680.4
Find the wrong number in the given number series.
2, 3, 5, 7, 11, 13, 17, 202600, 3000, 1759, 1275, 746, 170
33 34 37 42 48 58
98, 128, 162, 200, 244, 288
3, 8, 28, 88, 258, 648Â
Find the wrong number in the given number series.
3, 8, 26, 102, 398, 1639- Find the wrong number in the given number series.
7, 16, 34, 70, 144, 290 - Find the wrong number in the given number series.
17, 28, 21, 32, 25, 45
