If the Marginal Propensity to Import Is ________, Then a $2

question 75

Multiple Choice

If the marginal propensity to import is ________, then a $2 trillion increase in disposable income would increase import expenditure by $0.2 trillion. If the marginal propensity to import is ________, then a $2 trillion increase in disposable income would increase import expenditure by $0.6 trillion.

• A) 1.0; 3.0
• B) 0.6; 2.0
• C) 0.2; 0.6
• D) 0.1; 0.3
• E) 0.3; 0.1

Understand the role of personal and positional power in shaping behaviors and outcomes.

Understand and define various capital budgeting techniques.

Describe the importance and application of the cost of capital in business decisions.

Identify and explain the quantitative techniques used in capital budgeting decisions.

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Definitions:

Positive Reinterpretation

The cognitive process of re-framing negative events or situations in a positive or benign light to cope with challenges and stress.

Commonsense Strategy

A practical approach to solving problems or dealing with situations based on everyday knowledge and practical experience rather than theoretical understanding.

Mental Health

A state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, work productively, and contribute to their community.

Adaptive

Describes the ability of an organism or system to adjust to changes in its environment or to cope with disturbances.