If the MPC in an Economy Is 0

question 36

Multiple Choice

If the MPC in an economy is 0.75, government could shift the aggregate demand curve leftward by $60 billion by

• A) reducing government expenditures by $12 billion.
• B) reducing government expenditures by $60 billion.
• C) increasing taxes by $15 billion.
• D) increasing taxes by $20 billion.

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Definitions:

Job Design Strategies

Approaches for outlining how a job is structured, the roles and responsibilities it contains, and the ways it can be performed to increase satisfaction and performance.

Job Enlargement

The process of increasing the number of tasks or the variety of tasks in a job to enhance its attractiveness to employees.

Job Rotation

The practice of moving employees between different jobs to promote versatility and broad understanding of the business.

Alternative Work Arrangements

Employment setups that differ from traditional, full-time, year-round, on-site jobs, including part-time, telecommuting, and flexible scheduling.