If an Economy's MPC Is 0

question 7

Multiple Choice

If an economy's MPC is 0.8, then an increase in government spending of $1000 will increase income by:

• A) $8000
• B) $5000
• C) $2000
• D) $10 000

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Definitions:

E-mail

A method of exchanging digital messages over the internet between individuals using electronic devices.

Cover Message

A brief communication that accompanies or introduces another document or message, often providing context or additional information.

Cover Message

A written communication sent along with another document (such as a resume) to provide additional information or to introduce oneself.

Job Interview

A formal meeting between a job applicant and an employer or panel, aimed at evaluating the applicant's suitability for a position.