The Expenditure Multiplier Equals

question 390

Multiple Choice

The expenditure multiplier equals

• A) MPC - MPS where MPC is the marginal propensity to consume and MPS is the marginal propensity to consume.
• B) APC - APS where APC is the average propensity to consume and APS is the average propensity to save.
• C) 1/(slope of AE curve).
• D) 1/(1 - slope of AE curve).

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Definitions:

Job Context

The environment, conditions, and all the external and internal factors that influence the nature of a job, including its requirements and the employee's performance.

Need For Achievement

A psychological trait that drives an individual to pursue and attain challenging objectives and standards of excellence.

McClelland's Theory

A motivation theory which posits that people are motivated by three primary needs: achievement, affiliation, and power.

Complex Tasks

Activities that involve multiple steps, variables, and/or require a high level of skill and coordination to complete.