If the Marginal Propensity to Consume (MPC)equals 0

question 144

Multiple Choice

If the marginal propensity to consume (MPC) equals 0.9,the multiplier is _____.

• A)1
• B)2
• C)5
• D)10
• E)12

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Definitions:

Ethical Decisions

Decisions made based on moral principles, considering what is right, fair, and just.

Clear-cut

Direct and unmistakable in presentation or articulation.

Practice

The actual application or use of an idea, belief, or method, as opposed to theories about such application or use.

Departmentalization

The process of dividing an organization into different departments, which perform different tasks or functions.