Increases in the Marginal Propensity to Consume (MPC),other Things Constant,_____

question 17

Multiple Choice

Increases in the marginal propensity to consume (MPC) ,other things constant,_____.

• A)increase the value of the multiplier
• B)decrease the value of the multiplier
• C)increase the marginal propensity to save
• D)shift the aggregate expenditure curve downward
• E)cause a downward movement along the aggregate expenditure curve

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Definitions:

Cultural Syndrome

describes shared attitudes, beliefs, categorizations, and norms that characterize an ethnic, racial, or cultural group, and influence members' behavior and perceptions.

Subordinated

Made lower in rank or position or considered of less importance or value than something else.

Collectivism

A social-cultural paradigm that emphasizes the interdependence of individuals within their communities or societies.

Cognitive Processing

The mental activities involved in acquiring, storing, retrieving, and using knowledge.