If the MPC Is

question 432

Multiple Choice

If the MPC is .9 and there are no income taxes or imports, the multiplier for a change in autonomous expenditure equals

• A) 0.1.
• B) 9.0.
• C) 10.0.
• D) 100.0.

---

Definitions:

Declaratory Judgment

One that expresses the opinion of a court on a question of law without ordering anything to be done.

Standing to Sue

The legal right to file a lawsuit or pursue a court action, based on having a direct and tangible interest in the outcome.

Ejusdem Generis

A legal principle stating that when a law lists specific classes of persons or things and then refers to them in general, the general statements only apply to the same kind of persons or things specifically listed.

Maxims

General legal principles that serve as foundational guidelines or ethical propositions in the law.