calculate the multiplier for the following cases.\n|case|multiplier|\n|----|----|\n|mps = 0.25| |

Explanation:

Step1: Recall the multiplier formula

The multiplier ($k$) formula is $k=\frac{1}{MPS}$, where MPS is the marginal - propensity to save.

Step2: Substitute the given MPS value

Given $MPS = 0.25$, we substitute it into the formula: $k=\frac{1}{0.25}$.

Step3: Calculate the result

$\frac{1}{0.25}=4$.

Answer:

4