If the MPC = 5/6, What Is the Government Purchases

question 97

Multiple Choice

If the MPC = 5/6, what is the government purchases multiplier?

• A)1/6
• B)5/6
• C)6/5
• D)6

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Definitions:

Meat Powder

A substance made from dried and pulverized meat, used as nutritional supplement or in cooking.

Contingency View

A management approach suggesting that organizational effectiveness stems from fitting design and operational practices to contextual factors.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired together; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

CR

In the context of classical conditioning, it stands for Conditioned Response, which is the learned response to the conditioned stimulus.