If the Marginal Propensity to Consume (MPC) Is 0, the Simple

question 145

Multiple Choice

If the marginal propensity to consume (MPC) is 0, the simple multiplier is _____

• A) 0.
• B) 1.
• C) 10.
• D) 100.
• E) infinity.

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Definitions:

Sales Force

A dedicated team or department within a company focused on selling the company's products or services.

Manufacturing Business

An enterprise involved in the industrial production of goods, transforming raw materials into finished products on a large scale.

Personal Selling

A marketing strategy where salespersons use face-to-face interaction to sell products or services directly to consumers.

Firms

Businesses or corporations that provide goods or services to consumers or other businesses in an effort to generate profit.