Given MPC Is the Marginal Propensity to Consume, the Formula

question 21

Multiple Choice

Given MPC is the marginal propensity to consume, the formula for the spending multiplier is

• A) 1 -MPC.
• B) 1 - MPC.
• C) 1/ 1+ MPC).
• D) 1/ 1 - MPC).
• E) 1 / MPC.

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Definitions:

Training and Development

Organizational activities aimed at enhancing the skills, knowledge, and capabilities of employees.

Needs Assessment

A process used to identify gaps between current conditions and desired states, often employed in organizational or educational settings.

Training Control System

A structured approach to manage and evaluate the effectiveness of training programs within an organization.

Human Resource Analysis

The process of evaluating the components of the human resource function to identify areas for improvement and alignment with business strategies.