Multiple Choice Questions on If the marginal propensity to consume is greater than marginal propensity to save the value of ........... for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

If the marginal propensity to consume is greater than marginal propensity to save the value of ...........

Economics (CUET) Consumer Behaviour and Demand
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    If the marginal propensity to consume is greater than marginal propensity to save, the value of the multiplier will be:

     

    greater than 2
     

    Correct Answer

     less than 2
     

    Incorrect Answer

    equal to 2
     

    Incorrect Answer

    equal to 5

    Incorrect Answer
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    Explanation:

    Option (1) is correct.

    By: Parvesh Mehta
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