UGC NET Mock exams for Paper-I are Ready
ICT Study materials are available. Self learning with exercises and materials
question #16
16. Consider the following statements describing the relationship between marginal propensity to consume (m.p.c) and the value of the multiplier :
(a) Higher the m.p.c lower is the value of multiplier
(b) Higher the m.p.c higher is the value of multiplier
(c) If m.p.c=1, value of multiplier will be ∞
Which of the above statements is/are correct ?

B
.

online mock exam for paper-1 and paper-2 OPEN
NET Paper 3 - Economics - Nov 2017