Answer:
To find the value of the multiplier when the marginal propensity to save (MPS) is 0.1, we can use the formula for the multiplier:
Multiplier = 1 / (MPS)
Given that MPS = 0.1, we can calculate the multiplier as follows:
Multiplier = 1 / 0.1 Multiplier = 10
Therefore, the value of the multiplier when the marginal propensity to save is 0.1 is 10. So, the correct option is: a) 10.
Step-by-step explanation:
Hope this helps
