Question

if mpc = 0.6 than mpc ______?​

Answer 1

Answer:

case 1 : when MPC >mps (I.e, MPC =0.6 and MPS =0.4), the value of the investment multiplier , CASE 2: when MPC > MPS (I.e, MPC = 0.9 and MPS = 0.1), the value of the investment multiplier, thus, this statement is false because it is not true in all cases.