If the Marginal Propensity to Consume (MPC)is 0

question 182

Multiple Choice

If the marginal propensity to consume (MPC) is 0.8, the multiplier is

• A)5.0.
• B)1.2.
• C)0.2.
• D)0.8.

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Definitions:

Social Networks

The webs of relationships and connections among individuals or organizations, facilitating communication and interaction.

Deindividuation

A psychological state where an individual loses self-awareness and personal responsibility in groups, often leading to unprecedented behaviors.

Primary Groups

Primary groups are small social groups whose relationships are personal, close, and enduring, such as families or close friend groups, and are fundamental in shaping social identity and socialization.

Secondary Groups

Large, impersonal social groups in which interactions are based on specific functions or roles, such as coworkers or members of an organization, rather than personal connections.