If Autonomous Planned Spending Increases by $1 Million and S

question 137

Multiple Choice

If autonomous planned spending increases by $1 million and s = 0.2 and t = 0.1,then equilibrium income increases by

• A)$5 million.
• B)$3.33 million.
• C)$3.57 million.
• D)$2.90 million.

---

Definitions:

Minnesota Multiphasic Personality Inventory

A comprehensive psychological test used to assess personality traits and psychopathology.

California Personality Inventory

A psychological assessment tool used to evaluate interpersonal behavior and social interaction.

Personality Inventory

A questionnaire or assessment tool used to evaluate the personality traits and characteristics of an individual.

Gate Control Theory

A theory in neuroscience proposing that pain signals passing through the spinal cord can be modulated by a "gate" that either blocks or allows them to proceed to the brain, significantly affecting pain perception.