If the Income Multiplier Is 4,the Value of the Marginal

question 131

Multiple Choice

If the income multiplier is 4,the value of the marginal propensity to consume is

• A)0.2.
• B)0.5.
• C)0.75.
• D)1.

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Definitions:

Water Resistant

Referring to materials or products designed to resist the penetration of water to some degree but not entirely waterproof.

Goodwill

The intangible value of a company's brand name, customer relations, employee morale, and other factors not on the balance sheet.

Goodwill Messages

Communications that are sent to build rapport and positive relationships, often congratulating, thanking, or expressing well-wishes.

Instructions

Directions or orders given to explain how something should be done or operated.