If the Consumption Function Is C = 100 + 0

question 17

Multiple Choice

If the consumption function is C = 100 + 0.9Y, then the multiplier is:

• A) 10.
• B) 9.
• C) 0.9.
• D) 1/9.

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Definitions:

On-the-job Training

A method of learning and skill development that occurs within the workplace, enabling employees to gain practical experience while performing their duties.

Wasted Materials

Resources that are not used efficiently or effectively, leading to unnecessary expenses and environmental impact.

Employee Reaction

The response or feedback of employees towards various aspects of their job, workplace environment, or organizational policies and practices.

Training Program Effectiveness

Evaluation of how well a training program achieves its objectives, often measured by participants' knowledge gain, skill improvement, and positive changes in behavior.