If We Observe That Every Increase in Income of $120

question 165

Multiple Choice

If we observe that every increase in income of $120 million generates an increase in consumption of $80 million, then the simple multiplier is

• A)2/3.
• B)3/2.
• C)2
• D)3
• E)8

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Definitions:

Chromosome

A thread-like structure of nucleic acids and protein found in the nucleus of most living cells, carrying genetic information in the form of genes.

Hereditary Transmission

The process by which genetic information is passed from parents to offspring through their genes.

Pituitary Gland

A small, pea-sized gland located at the base of the brain which plays a crucial role in regulating vital body functions and general wellbeing by secreting hormones.

Master Gland

A common nickname for the pituitary gland, which controls crucial endocrine glands in the body, influencing growth, metabolism, and reproduction.