Examlex

Solved

If the Marginal Propensity to Consume (MPC) Is 0

question 162

Multiple Choice

If the marginal propensity to consume (MPC) is 0.75, the simple multiplier is _____


Definitions:

Biological Determinism

The belief that human behavior and characteristics are solely determined by genetics and biological factors, neglecting the impact of environment.

Rational Evil

The concept that evil actions can stem from logical, calculated decisions made by individuals or groups, often for personal gain or ideological reasons.

Classical Criminology

A theoretical perspective suggesting that people have free will to choose criminal behavior influenced by the potential rewards and punishments.

Moral Entrepreneur

A person who influences or changes the creation or enforcement of a society’s moral codes.

Related Questions