If the Simple Spending Multiplier Is 8,the Marginal Propensity to Consume

question 96

Multiple Choice

If the simple spending multiplier is 8,the marginal propensity to consume is _____.

• A)1/8
• B)1/4
• C)4/5
• D)7/8
• E)8

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Definitions:

Related

Having a connection or association with something else, either by blood, context, or similarity.

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A common compulsion in which people feel compelled to keep cleaning themselves, their clothing, and their homes.

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Protective gloves made of rubber or a similar material, used to protect the hands from chemicals, infectious agents, and other potentially harmful substances.

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A behavior pattern where an individual consistently seeks to avoid social interactions or situations that require engagement with others.