In Macroland, Autonomous Consumption Equals 100, the Marginal Propensity to Consume

question 142

Multiple Choice

In Macroland, autonomous consumption equals 100, the marginal propensity to consume equals 0.75, net taxes are fixed at 40, planned investment is fixed at 50, government purchases are fixed at 150, and net exports are fixed at 20. The vertical intercept of the expenditure line is:

• A)0.25.
• B)0.75.
• C)290.
• D)320.

---

Definitions:

Workplace Environments

The setting and conditions in which employees work, including physical space, cultural atmosphere, and policies affecting well-being and productivity.

Denial of Discharge

In bankruptcy proceedings, the refusal to eliminate a debtor's obligation to pay back a debt, usually due to fraudulent activities associated with the bankruptcy filing.

Debtor's Debts

Obligations or amounts of money owed by a debtor to creditors.

Credit-counseling Course

A program designed to educate individuals on managing their personal finances and debts, often required before filing for bankruptcy.