Mathematics · Income Multiplier
If the marginal propensity to import is 0.1 and the marginal propensity to consume is 0.7, the value of the open economy income multiplier will be:
- 13.33
- 22.50✓
- 32.33
- 41.25
Correct answer
2.50
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Income Multiplier?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Income Multiplier