Scenario 21-2

question 89

Multiple Choice

Scenario 21-2. The following facts apply to a small, imaginary economy.• Consumption spending is $5,200 when income is $8,000.• Consumption spending is $5,536 when income is $8,400.
-Refer to Scenario 21-2. The multiplier for this economy is

• A)6.00.
• B)6.25.
• C)8.40
• D)9.00.

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Definitions:

Sociotechnical System

A method for designing sophisticated organizational work that acknowledges the relationship between individuals and technology in the workplace.

Geographical Manager

A manager responsible for overseeing operations, performance, and strategy implementation across different geographic locations or territories.

Functional Manager

A manager responsible for a specific business function or department within an organization, such as marketing, finance, or production.

Divisional Departmentalization

Organizational structure where operations are divided into semi-autonomous units based on product, service, or market.