If MPC = 0

question 24

Multiple Choice

If MPC = 0.6, then the government purchases multiplier is:

• A)0.4
• B)4
• C)2.5
• D)25

---

Definitions:

Tribes

Social groups typically consisting of familial ties, shared customs, and traditions, often with a distinct culture and social structure.

Ingroup-Outgroup Biases

A rephrased explanation of the tendency to exhibit favoritism towards one's own group while displaying prejudice or hostility towards others.

Stereotypes

Stereotypes are overgeneralized beliefs about a particular category of people, which often lead to prejudiced attitudes or actions.

Winning Group

This term typically refers to the team or set of individuals that achieve victory in a competition or achieve success in fulfilling their goals.