Equations for C, I, G, and NX Are Given Below

question 240

Multiple Choice

Equations for C, I, G, and NX are given below.If the equilibrium level of GDP is $32,000, what is the marginal propensity to consume? C = 5,000 + (MPC) Y
I = 1,500
G = 2,000
NX = -500

• A)0.6
• B)0.67
• C)0.75
• D)0.8
• E)0.9

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Definitions:

Aggressive Behaviors

Actions intended to cause harm or force upon others, either physically or emotionally, as a means of asserting dominance, expressing frustration, or achieving a goal.

Heteronomous Morality

A stage in child development described by Piaget where children believe rules are unchangeable and morality is dictated by external authority figures.

Objective Consequences

Outcomes or results of an action that are observable and can be measured independently of personal feelings or opinions.

Scale Errors

Young children’s inappropriate use of an object due to their failure to consider information about the object’s size.