If the Marginal Propensity to Save Is 0

question 53

Multiple Choice

If the marginal propensity to save is 0.3 and the marginal propensity to import is 0.1, and the government increases expenditures by $10 billion, ignoring foreign-income repercussions, how much will GDP rise?

• A)$20 billion.
• B)$10 billion.
• C)$25 billion.
• D)$15 billion.

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Definitions:

Frequency

The need to void urine often, though usually only a small amount at one time.

Pronouncing Words

The act of producing the sounds of speech, including articulation, stress, and intonation, to form recognizable words.

Audiometric Assessment

An evaluation of hearing acuity and function using various tests and equipment to measure how well a person can hear frequencies and sound intensity.

Hearing Measurement

The assessment of an individual's ability to perceive sounds, typically evaluated using audiometric tests.