If the Marginal Propensity to Consume Is 0

question 31

Multiple Choice

If the marginal propensity to consume is 0.2, the value of the multiplier is:

• A) 1.25.
• B) 2.
• C) 0.8.
• D) 5.

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Definitions:

Social Groups

Collections of individuals united by certain relations or bonds, sharing common values or interests, and often function within a recognizable structure.

Social Networks

Refers to the webs of relationships among people, which can be facilitated through personal interactions or online platforms.

Closest Friends

Individuals who are most intimately connected and trusted in a person's social circle, often sharing deep personal ties and mutual support.

Dyad

A two-person social group.