In Macroland Autonomous Consumption Equals 100, the Marginal Propensity to Consume

question 109

Multiple Choice

In Macroland autonomous consumption equals 100, the marginal propensity to consume equals 0.75, net taxes are fixed at 40, planned investment is fixed at 50, government purchases are fixed at 150, and net exports are fixed at 20. The vertical intercept of the Expenditure Line is:

• A) 0.25.
• B) 0.75.
• C) 290.
• D) 320.

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Definitions:

Potential Employment

The possibility or prospect of being hired for a job or position.

Analysis and Design of Work

The process of examining tasks and work processes for the purpose of improving efficiency, quality, and employee satisfaction.

Overlapping Tasks

Situations where job responsibilities or projects are shared among multiple employees or departments, often leading to collaborative efforts or confusion.