If the Spending Multiplier Is 5,what Is the Marginal Propensity

question 138

Multiple Choice

If the spending multiplier is 5,what is the marginal propensity to consume in the economy?

• A) 0.4
• B) -0.8
• C) 0.5
• D) 0.75
• E) 0.8

Apply the concept of observational learning to personality development.

Critique the application and relevance of personality theories in modern psychology.

Understand the characteristics and differences between Type I and Type II schizophrenia.

Identify and describe various mental health disorders, such as schizophrenia, obsessive-compulsive disorder (OCD), anxiety disorders, eating disorders, and personality disorders.

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Definitions:

Psychological Magnitude

A concept in psychology that refers to the perceived size, amount, or intensity of a psychological attribute.

Weber Fraction

A principle stating that the just noticeable difference between two stimuli is proportional to the magnitude of the stimuli, a fundamental concept in psychophysics.

Stimulus

Anything in the environment that can trigger a physical or behavioral change in an organism.

Nativism

The theory that certain skills or abilities are "native" or hard-wired into the brain at birth.