if the marginal propensity to save is 0.45 a) calculate the multiplier b) the level...

if the marginal propensity to save is 0.45
a) calculate the multiplier
b) the level of investment which is required to raise income by ₦12000
I've solved it but I need to be sure I'm correct thanks?

In Economics
1 Answers Available
Asked by God's gift on 9th April, 2024

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Your School's Whatsapp Group - Join Us now

To get notifications when anyone posts a new answer to this question,
Follow New Answers

Answers ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Ask Your Own Question

Quick Questions

what are the recommend text in Economics? Answer this

1 Answers · Economics · 2 weeks ago
Don't you have lesson notes for other subjects other than physics and Government? Answer this

1 Answers · Economics · 1 month ago
does this app also help in A'level (JUPEB) or it's just UTME and O'level? Answer this

1 Answers · Economics · 1 month ago

See More Economics Questions

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

if the marginal propensity to save is 0.45 a) calculate the multiplier b) the level...

Post an Answer

Answers ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Sign In