Which of the Following Statements Is True

question 124

Multiple Choice

Which of the following statements is true?

• A) The larger a nation's marginal propensity to consume, the smaller the open-economy multiplier.
• B) The smaller a nation's marginal propensity to import, the smaller the open-economy multiplier.
• C) The larger a nation's marginal propensity to export, the smaller the open-economy multiplier.
• D) The larger a nation's marginal propensity to import, the smaller the open-economy multiplier.

---

Definitions:

Regulations

Rules or directives made and maintained by an authority to regulate behavior, typically in the context of legal or governmental systems to ensure fair practices, safety, and standards.

Tech-Savvy

Individuals who possess an advanced understanding and proficiency with technology and digital devices.

Millennials

A generation of people born between 1981 and 1996, known for being digital natives and value-driven consumers.

Generation Z

The demographic cohort following Millennials, typically defined as individuals born from the mid-1990s to the early 2010s, characterized by its comfort with digital technologies and social media.