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What is the relation between marginal …

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What is the relation between marginal propensity to consume and multiplier ? Calculate the marginal propensity to consume if the value of multiplier is 4

    • Posted by Kriti Bajpai 7 years, 9 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Pinki Pal 7 years, 9 months ago

    K=1/1-mpc if k is 4 means 1/mps is 4or the value of mps is 1/4 then the value of mpc is 3/4

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