If Consumers Spend 90 Cents Out of Every Extra Dollar

question 40

Multiple Choice

If consumers spend 90 cents out of every extra dollar received,the

• A)MPS is 0.90.
• B)MPC is 0.90.
• C)Multiplier is 0.90.
• D)Multiplier is 9.

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Definitions:

Variables

Elements, features, or factors that are likely to vary or change within the context of a scientific experiment or study.

Coefficient of Correlation

A numerical measure that captures the direction and degree of a linear relationship between two variables.

Relationship

A connection, association, or involvement between two or more individuals, which can be social, romantic, professional, or familial.

Falsifiability

A principle that for a theory to be considered scientific, it must be able to be proven false under potential observations or experiments.