Quiz: MPC, MPS, MPT and MPM
Pearson Edexcel Level 3 Advanced GCE in Economics A (9EC0)
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Building on what you've learned about the multiplier process, let's test your knowledge of MPC (Marginal Propensity to Consume), MPS (Marginal Propensity to Save), MPT (Marginal Propensity to Tax), and MPM (Marginal Propensity to Import).
What does MPC measure?
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Which of the following statements are true about MPS, MPT, MPM? (Select all that apply)
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The {{blank0}} is the proportion of additional income that is spent on saving.
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Match the items on the left with their correct pairs on the right
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Match the items on the left with their correct pairs on the right
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If the MPS is 0.25, what proportion of income is saved?
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Which factors affect the size of the multiplier? (Select all that apply)
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Which of the following would increase the multiplier?
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