Autonomous Spending Rises by $10 Billion and Real GDP Rises

question 136

Multiple Choice

Autonomous spending rises by $10 billion and Real GDP rises by $50 billion.What does the marginal propensity to save equal?

• A) 0.10
• B) 0.20
• C) 0.80
• D) 0.90
• E) 0.50

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Definitions:

Humanism

A philosophical and ethical stance that emphasizes the value and agency of human beings, individually and collectively, often emphasizing human dignity and concerns.

Gestalt

A psychological theory that proposes objects are viewed holistically rather than as a collection of individual parts, emphasizing the mind's innate tendency to organize perceptions.

Phenomenon

an observable event or fact, particularly extraordinary or remarkable, that can be scientifically described or explained.

Phi Phenomenon

The optical illusion of perceiving continuous motion between separate objects viewed in rapid succession.