If the MPC = 0

question 96

Multiple Choice

If the MPC = 0.85, then the government purchases multiplier is about

• A)1.18.
• B)3.33.
• C)6.67.
• D)8.5.

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Definitions:

Standardized

Referring to a process, method, or item that is made consistent and uniform across different situations, often to ensure reliability, comparability, and fairness.

Psychological Test

A standardized measure of a sample of a person's behavior or mental processes, used to assess aspects of human psychology including personality, intelligence, and aptitudes.

Uniform Procedures

Standardized methods or protocols used in various fields to ensure consistency and reliability.

Laboratory Observation

A research method in which subjects are observed in a controlled environment to ensure accuracy and control over variables.