Question
The "Multiplier" effect is larger when the marginal
propensity to consume (MPC) is:Solution
The simple multiplier is 1/(1-MPC) or 1/MPS. A higher MPC (lower MPS) means more of each income round is spent, creating a larger multiplier.
Seven boxes T, U, V, W, X, Y and Z are kept in a seven-storey building such as bottommost box is numbered as 1 and the box immediately above it is numbe...
The question given below consists of two statements numbered I and II given below it. You have to decide whether the data provided in the statements ar...
Who among P, Q, R, S and T is tallest?
I. S is taller than only 2 people and R is taller than P.
II. P is not shorter than S.
Among the seven students P, Q, R, S, T, U and V, who scored 2nd highest in quant test?
I: P scored more than only R. Two students scored more...
How is A related to B?
I. C has two daughters and D is one of them who is married to A.
II. C is mother of B, who is younger sister of D.
Six persons D, E, F, G, H, and I have different heights. Who is the tallest person?
Statement I: F is shorter than D. G is taller than I but sho...
Given below is a question followed by two statements numbered I and II, each containing some information. You have to decide which of the statements is/...
Among the following friends L, M, N, O, P and Q (each friend is of different height), which of the tallest?
I. O is taller than L and Q but short...
On which floor does C lives? If A, B, C, D, E are living in a building. The lowermost floor of the building is numbered 1 its above floor numb...
O, P, Q, S, T and V are standing in straight line facing north. Who among the following is between S and V?
I. V stand second to the right of S. ...
