The Increase in Income Which Results from an Increase in Investment

question 54

Multiple Choice

The increase in income which results from an increase in investment spending would be greater the:

• A)smaller the MPS.
• B)smaller the APC.
• C)larger the MPS.
• D)smaller the MPC.

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Definitions:

Doctrine Of Containment

A foreign policy strategy aimed at preventing the expansion of communism beyond its existing borders during the Cold War.

George F. Kennan

An American diplomat and historian known for his influence on U.S. foreign policy, particularly his advocacy of the "containment policy" during the Cold War.

National Security Council

A U.S. executive agency responsible for advising the President on national security and foreign policies.

Traditional Isolationism

A foreign policy stance wherein a nation avoids involvement in the affairs and conflicts of other nations while focusing on its own development and issues.