AdmitMe
Economics · National income

EconomicsNational incomeJAMB

If the marginal propensity to save is 0.25, the investment multiplier is

Show answer

Answer: C. 4

Multiplier = 1 ÷ MPS = 1 ÷ 0.25 = 4.

An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.

Practise National incomeA timed set on this topic, freeAsk the AI TutorExplain it another way

Discussion

Ask about a step, share a shortcut, or explain it your way. Be kind; no links.

No comments yet. Be the first to explain it.

More National income questions