a. What is the value of the multiplier? b. What is the marginal propensity to save?

I'm doing economics homework and I'm being asked to find the multiplier when the MPS is 0.12 and MPC is 0.88. I'm trying to follow the formula and not sure where I'm getting lost.

Use the diagram to the right to answer the following: a. The equilibrium value of real GDP is $ trillion. (Enter your response as a whole number.) b. The MPC is equal to (Enter your response rounded to two decimal places.) c. The multiplier is equal to (Enter your response rounded to one decimal place.) d. What is the value of unplanned changes in inventories when real GDP has each of the following values? (Enter your responses rounded to one decimal place and include a minus sign if necessary.) GDP $10 trillion $12 trillion $14 trillion Unplanned Inventories trillion trillion trillion C Aggregate Expenditure, AE ($, trillions) 24.0- 22.0 ≈ ≈ ¦ CO 20.0- 18.0- 16.0- 14.0- 12.0+ 10.0- 8.0- 6.0- 4.0- 2.0- 0.0- O. 13.6 12.0 10.4 0 45° -~ 2 4 AE 10:12:14 10 12 14 16 18 20 22 24 6 8 Real GDP, Y ($, trillions) G

Explain the concept of the 100X Multiplier using the idea of diminishing marginal utility.

Which of the following would be most likely to increase consumption spending? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a A reduction in consumer credit card debt b A drop in stock prices c A higher interest rate d The expectation of lower future prices

A) What is the value of the marginal propensity to consume? ( Round your answers to one decimal place). What is the value of the marginal propensity to save?  B) What is the break-even level of income in the table? (Enter your answer as a whole number) What is the term that economists use for the saving situation shown at the $ 240 level of income.  C) For each of the following items, indicate wheter the value in the table is either constant or variable as income changes:  The MPS is (constant/ variable) as income changes.  The APC is ( constant/ variable) as income changes.  The MPC is ( constant/ variable) as income changes.  The APS is (constant/ variable) as income chnages.

Calculate the value of multiplier if change in income is $1100 million and the change in investment is $350 million

In an economy investment increases by 120 crores. The value of multiplier is 4. Calculate the marginal propensity to consume.

The value of marginal propensity to consume is 0.44 Calculate the value of Marginal propensity to save?

If consumers decide to increase saving, then C decreases, r decreases, I increases, and Y: