If the Marginal Propensity to Save Is 1/8,the Value of the Simple

question 24

Multiple Choice

If the marginal propensity to save is 1/8,the value of the simple multiplier is

• A)8
• B)1/8
• C)2
• D)1/2
• E)4

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Definitions:

Environmental Uncertainty

The difficulty in predicting changes and trends in the external business environment that can impact an organization's operations.

Telecommunications

The transmission of information over distances for the purpose of communication.

State-Owned

Refers to businesses or assets that are owned and operated by the government.

Cycle Time

is the total time from the beginning to the end of a process, as measured by the customer, that enables a complete understanding of the duration involved in creating a product or service.