Assume That the Marginal Propensity to Consume Equals 0

question 106

Multiple Choice

Assume that the marginal propensity to consume equals 0.75 and the marginal propensity to import equals 0.10.By how much does spending on domestic goods increase if income increases by $300?

• A)$195
• B)$225
• C)$30
• D)$300
• E)$75

---

Definitions:

Border Weight

The thickness of the outline or border of a shape, text box, or other elements in a digital document or graphic.

Spacing Between Cells

In spreadsheets or tables, it refers to the distance or gap between individual cells, affecting the visual layout and readability.

Roman Numerals

A numeral system originating from ancient Rome, using combinations of letters from the Latin alphabet (I, V, X, L, C, D, M) to represent numbers.

Different First Page

A feature in word processing software that allows the first page of a document to have a different header or footer than the rest of the pages.