Calculate multiplier if MPC is : (i) 0.75, (ii)0.90.

1.	Calculate multiplier if MPC is : (i) 0.75, (ii)0.90.
Answer» SOLUTION :(i) Multiplier (k) `=(1)/(1-MPC)=(1)/(1-0.75)=(1)/(0.25)=4` Multiplier (k) `=(1)/(1-MPC)=1/(1-0.90)=1/(0.10)=10`

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Calculate multiplier if MPC is : (i) 0.75, (ii)0.90.

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