The ________ the Level of the Company at Which Managers

question 71

Multiple Choice

The ________ the level of the company at which managers make decisions, the more that organization is ________.

• A)higher; decentralized
• B)lower; centralized
• C)higher; centralized
• D)higher; unstructured

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Definitions:

MPC

Stands for Marginal Propensity to Consume, which measures the portion of additional income that an individual spends on consumption.

Multiplier Value

A factor that quantifies the impact of a change in some economic activity on the rest of the economy.

MPC (Marginal Propensity to Consume)

A measure of the change in consumption resulting from a change in income; specifically, the proportion of additional income that is spent on consumption.

Multiplier

A factor by which an initial change in spending will alter total economic output by a greater amount.