If the Marginal Propensity to Save Is 0

question 147

Multiple Choice

If the marginal propensity to save is 0.2, the value of the spending multiplier will be

• A) 0.8.
• B) 1.25.
• C) 5.
• D) 8.

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Definitions:

Petit Apartheid

A term used to describe smaller, everyday forms of segregation or discrimination, as opposed to grand-scale segregation policies such as those in apartheid-era South Africa.

Overt Racism

Describes explicit and visible acts of discrimination or prejudice based on race.

Informal Racism

Subtle or indirect racial discrimination that occurs in daily interactions rather than through explicit laws or policies.

Discriminatory Laws

Legislation that makes distinctions among people based on race, gender, religion, or other arbitrary characteristics, often leading to unfair treatment or disadvantages.