question archive Using the concept of the multiplier, calculate the size of the multiplier if Marginal Propensity to Save (MPS) = 0
Using the concept of the multiplier, calculate the size of the multiplier if Marginal Propensity to Save (MPS) = 0
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Using the concept of the multiplier, calculate the size of the multiplier if Marginal Propensity to Save (MPS) = 0.22 (show the formula).
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Size of Multiplier = 1/MPS
=>Size of Multiplier = 1/0.22
=>Size of Multiplier= 4.545 [ Answer]
