A Decrease in the Marginal Propensity to Import ________, Everything

question 4

Multiple Choice

A decrease in the marginal propensity to import ________, everything else remaining the same.

• A)makes the multiplier larger
• B)makes the multiplier smaller
• C)has no effect on the multiplier
• D)sometimes increases the multiplier and sometimes decreases the multiplier
• E)increases the marginal propensity to consume

Grasp the concept and significance of appraisal validity and measurement consistency.

Identify techniques for improving employee performance through motivation and ability enhancement.

Understand the purposes and components of an effective performance management system.

Differentiate between informal and formal systems of behavior management.

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Definitions:

Profit

The financial gain made in a transaction or operation, calculated as total revenues minus total costs.

Cartel

A group of independent market participants who collude to raise prices, limit supply or otherwise manipulate market conditions in their favor.

Quantity Effect

the change in the quantity of goods sold or consumed as a result of a change in price, holding other factors constant.

Profit

The financial gain or surplus remaining after all operating expenses, taxes, and costs have been subtracted from total revenue.