Suppose Marginal Propensity to Consume (MPC)is 0

question 209

Multiple Choice

Suppose marginal propensity to consume (MPC) is 0.7 and there is a $1,000 increase in autonomous consumption. Given this information, real GDP will increase by

• A)$3,333.
• B)$1,429.
• C)$1,000.
• D)$700.

---

Definitions:

Sexual Orientation

An enduring pattern of emotional, romantic, or sexual attractions to men, women, both genders, neither gender, or another gender.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Military Service

A period of time spent serving in the armed forces of a country, either as a compulsory duty or voluntarily.

National Origin

Refers to the country where a person was born, or where their ancestors come from, often considered in discussions of identity and legal rights.