Scenario 11-1 The Information Below Is Relevant to the Following Question(s)

question 108

Multiple Choice

Scenario 11-1
The information below is relevant to the following question(s) .
Assume IBM decides,despite an ongoing recession,to build a new branch for computer analysis in Bozeman,Montana.The plant expects to spend $12 million to hire the necessary employees,all of whom move in from out of state to take the jobs.
-Refer to Scenario 11-1.If the marginal propensity to consume of the newly-employed workers was 3/4,what would be the total change in income that would result from the operation of the plant for one year?

• A)$12 million
• B)$48 million
• C)$9 million
• D)$27 million

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Definitions:

Verbalizing Steps

The process of expressing or articulating the steps of a procedure or task using words, often used as a technique in teaching and cognitive psychology.

Guided Practice

An instructional approach where the teacher closely supervises students as they practice newly acquired skills or concepts.

Self-Graphing

The process in which individuals record and visualize their own performance or behavior over time to monitor progress.

Self-Observation

A self-assessment technique where individuals monitor and record their own behaviors, thoughts, or emotions to facilitate self-awareness and change.