If the MPC Is 0

question 258

Multiple Choice

If the MPC is 0.5,then a $10 million increase in disposable income will increase consumption by

• A)$2 million.
• B)$5 million.
• C)$15 million
• D)$50 million.

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Definitions:

Personnel Selection

The process through which organizations make decisions about who will or will not be invited to join the organization.

Human Resource Professional

A professional who specializes in managing an organization's workforce, including hiring, training, performance appraisal, and employee relations.

Organization

A structured group of people working together to achieve common goals through a division of labor and a hierarchy of authority.

Predictive Validation

The extent to which a test forecasts or predicts the performance of an individual on future criteria.