If the Simple Spending Multiplier Is 10,the Marginal Propensity to Save

question 105

Multiple Choice

If the simple spending multiplier is 10,the marginal propensity to save (MPS) is:

• A)1/10.
• B)9/10.
• C)1/9.
• D)10/9.
• E)9.

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Definitions:

Essential Human Freedoms

Fundamental rights considered to be the inherent entitlements of all human beings, such as freedom of speech, religion, and equality before the law.

American Neutrality

A foreign policy stance by which the United States has sought to avoid entanglement in the affairs and wars of other nations, notably during the early parts of both World Wars.

Expansionist Hopes

Aspirations or ambitions to expand a country's territory or influence.

Federal Government

The national government of a federal state, where powers are divided between the central government and constituent units, such as states or provinces.