If MPC and MPS are equal, then the value of multiplier is : Option 1: 1 Option 2: 3 Option 3: 4 Option 4: 2

The answer is '2'. View full solution:

CUET Economics - If MPC and MPS are equal, then the value of multiplier is : | PYQs + Solutions

CUET Economics

Macro

Easy

✅ Correct Option: 4

Related questions:

CUET Economics 2023 Slot 2

If C= X+0.6Y & Investment is Rs 1,500 Equilibrium level of income in economy would be 4050, find out the autonomous consumption.

CUET Economics 2022 Slot 5

Given the consumption function of an economy C = 200 + 0.25 Y, what is the value of slope of the savings function ?

CUET Economics 2022 Slot 1

Identify the fiscal measures from the following that will help correct excess demand

A. Decrease in Repo rate.

B. Increase in taxes.

C. Decrease in government expenditure.

D. Increase in Repo rate

E. Decrease in taxes

Choose the correct answer from the options given below: