The Figure Above Shows Two Aggregate Expenditure Lines

question 18

Multiple Choice

The figure above shows two aggregate expenditure lines.
-In the figure above, if the MPC increased, the aggregate expenditure lines would ________ and the multiplier would ________ in value.

• A) become less steep; rise
• B) become steeper; rise
• C) not change; rise
• D) not change; fall
• E) become steeper; fall

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Definitions:

LPT Scheduling Rule

A priority rule used in scheduling where jobs are ordered in descending order of their processing times.

Due Date

The specified date by which a task or project is expected to be completed or a payment is due.

Johnson's Rule

A sequencing rule used in operations management for minimizing job completion time by ordering tasks based on the shortest processing times at two workstations.

Optimal Sequence

The most efficient or effective order in which a series of tasks, events, or activities should be completed to achieve the best outcome.