Say That the Value of the Marginal Propensity to Consume

question 53

Multiple Choice

Say that the value of the marginal propensity to consume is 0.9.In this case,people are saving ________ percent of their incomes and the value of the spending multiplier is ________.

• A) 10; 10
• B) 0.1; 10
• C) 10; 1.1
• D) 10; 9
• E) 0.1; 9

---

Definitions:

Job Enrichment

A method of motivating employees by enhancing the quality and variety of their job tasks and responsibilities.

Evaluating Responsibilities

The process of assessing and determining the obligations and duties of an individual or organization, often to ensure accountability and effective performance.

Job Depth

Refers to the degree of control, complexity, and freedom of tasks that an employee has in their job, allowing for greater autonomy and job satisfaction.

Work Planning

The process of outlining the tasks, resources, and timelines required to complete a project or achieve a goal.