Economics · Macroeconomics
Arrange the following variables/concepts in ascending order of their values (assuming MPC lies strictly between 0.5 and 1): (a) MPC (b) 1 − MPC (c) Multiplier (d) MPS
- 1(c), (a), (b), (d)
- 2(d), (b), (a), (c)✓
- 3(b), (d), (a), (c)
- 4(a), (b), (d), (c)
Correct answer
(d), (b), (a), (c)
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