A Decrease in the Marginal Propensity to Import _______, Everything

question 166

Multiple Choice

A decrease in the marginal propensity to import _______, everything else remaining the same.

• A)makes the multiplier larger
• B)makes the multiplier smaller
• C)increases the marginal propensity to consume
• D)has no effect on the multiplier
• E)sometimes increases the multiplier and sometimes decreases the multiplier

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Definitions:

Rationalizations

The process of providing reasonable explanations or justifications for decisions, actions, or beliefs, often in retrospect.

Need-satisfaction Presentation

A sales technique where the salesperson focuses on identifying and meeting the needs of the customer as a way to persuade them to purchase a product or service.

Objections

Concerns or questions raised by a potential customer that a salesperson must address to complete a sale.

Customer Solutions

Tailored combinations of products and services offered by companies to meet the specific needs of their customers, often used to differentiate offerings in competitive markets.