MCQOPTIONS
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| 1. |
An increase in the marginal propensity to consumer (MPC) ? |
| A. | raises the value of the multiplier |
| B. | has no impact on the value of the multiplier? |
| C. | rarely occurs because the MPC is set by congressional legislation |
| D. | lowers the value of the multiplier |
| Answer» B. has no impact on the value of the multiplier? | |