The Nation Has Its Own MPC

question 87

Multiple Choice

The nation has its own MPC. When disposable income increases from $300 billion to $400 billion, national consumption increases from $300 billion to $360 billion. At Y = $400 billion, the MPC is:

• A)0.2.
• B)0.5.
• C)0.6.
• D)0.67.
• E)1.33.

---

Definitions:

Invincibility Fable

A feeling of being invulnerable, or even immortal that can be part of an adolescent’s personal fable.

Personal Audience

The imaginary audience that individuals, especially adolescents, believe is constantly watching and evaluating their actions.

Self-Focused View

A self-focused view is a perspective where an individual prioritizes their own thoughts, feelings, and needs, often at the expense of considering others' perspectives or societal norms.

Private Accountant

An accountant who is employed by a single organization to perform financial duties such as audits, budgeting, and financial statement preparation internally.