1. If the value of the marginal propensity to consume (MPC) is 0.50, the value of the spending multiplier is a. .50. b. 1. c. 2. d. 5. 2. If the marginal propensity to consume (MPC) is 0.80, the value...

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1. If the value of the marginal propensity to consume (MPC) is 0.50, the value of the spending multiplier is a. .50. b. 1. c. 2. d. 5.

2. If the marginal propensity to consume (MPC) is 0.80, the value of the spending multiplier is a. 2. b. 5. c. 8. d. 10.