I don't want explanation , I just want a correct answer, Very
quickly.
12- If the slope of the consumption function is equal to one,
then
Select one:
a. The multiplier is undefined
b. The multiplier is smaller than one
c. The multiplier is just one
d. The multiplier is larger than one
e. None of the above
11- If the nominal interest rate 8% and expected inflation 5%,
the expected real interest rate in year t is approximately
Select...