If the Consumption Function Is C = 100 + 0

question 208

Multiple Choice

If the consumption function is C = 100 + 0.75Y, then the multiplier is:

• A) .75.
• B) .25.
• C) 4.
• D) 5.

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Definitions:

Centralisation

The process of consolidating control and decision-making authority at the upper levels of an organization or government.

Espirit de Corps

A feeling of pride, fellowship, and loyalty shared by members within a group or organization.

Mary Parker Follett

An early 20th-century social worker and management consultant known for her theories on democratic organization and the power of collective action.

Multiculturalism

The recognition, acceptance, and promotion of multiple cultural traditions within a single jurisdiction, fostering diversity and inclusivity.