Exhibit 10-4 -The MPC in the Economy Represented in Exhibit 10-4 Is

question 66

Multiple Choice

Exhibit 10-4

-The MPC in the economy represented in Exhibit 10-4 is

• A)0
• B)0.2
• C)0.8
• D)0.9
• E)80

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Definitions:

Petroleum

A liquid mixture of hydrocarbons present in certain rock strata, used for fuel and as a raw material in the chemical industry.

Natural Gas

is a fossil fuel consisting primarily of methane and other hydrocarbons, used as a source of energy for heating, cooking, and electricity generation, as well as a feedstock for chemical manufacture.

Oil Fuel

is a type of fuel derived from the refinement of crude oil used primarily for heating, transportation, and generating electricity.

Refined Product

A substance that has been processed and purified from its raw state to enhance its utility or value.