If Net Taxes Were Lowered from $5,000 to $1,000,the Marginal

question 25

Multiple Choice

If net taxes were lowered from $5,000 to $1,000,the marginal propensity to consume is 0.75,and autonomous consumption spending is $10,000,by how much would consumption increase?

• A) $3,000
• B) $1,250
• C) $7,500
• D) $3,750
• E) $750

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Definitions:

Loosest Threads

The threads within a fastening system that have the highest tolerance, allowing for easier engagement or disengagement.

Classes

Refers to the categorization of tolerances or grades in manufacturing processes to specify the level of precision required.

United National Coarse

A thread specification for bolts, screws, and nuts that specifies a standard coarse pitch for screw threads, commonly used in the United States.

UNC

Unified National Coarse, a standardized thread designation used in the United States for bolts, screws, and nuts with a coarse thread pitch.