Multiple choice question just tell me the answer Early empirical success of Keynes’s conjectures demonstrated. a. that the average propensity to consume falls over time. b. that consumers smooth consumption between present and future. c. a strong positive relationship between income and consumption. d. consumers saved lower fraction of income.

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Q: What is the solution to the attached?

A: OPTION A - Marginal Propensity to Consume MPC = Change in Consumption/Change in Income MPC = ∆C/∆Y…

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A: Given, Investement multiplier = 2 Find the MPS = ?