The Value of the Multiplier Is

question 48

Multiple Choice

The value of the multiplier is

• A) negative at low income levels.
• B) the reciprocal of the marginal propensity to consume.
• C) increased as autonomous investment spending declines.
• D) never less than 1.
• E) difficult to calculate unless you know the change in equilibrium GDP.

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Definitions:

Leader Behavior Description Questionnaire

A survey instrument used to measure the behaviors of leaders, based on the perceptions of their subordinates.

Autocratic

A leadership or management style characterized by individual control over all decisions and little input from group members.

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The various aspects or attributes that characterize effective leadership, including personal qualities, interpersonal skills, and strategic abilities.

Leader Behavior Description Questionnaire

A tool used in organizational studies to assess the behavior of leaders by categorizing it into specific dimensions, such as task-oriented and people-oriented behaviors.