Economy, asked by unreliable62, 2 months ago

The value of MPC always varies between zero and one. True or False

Answers

Answered by akhileshamanmedha

Answer:

The minimum value of the multiplier can be 1 when there is one time change in income or when MPC= 0 and the maximum value of the multiplier can be Infinity when there in infinite times of change in income or MPC=1.

Explanation:

this is answer

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The value of MPC always varies between zero and one. True or False​

Answers

The value of MPC always varies between zero and one. True or False