The Smaller the Mpc, the ________ the Income-Expenditure Multiplier and the ________

question 100

Multiple Choice

The smaller the mpc, the ________ the income-expenditure multiplier and the ________ the effect of a change in autonomous spending on short-run equilibrium output.

• A)larger; larger
• B)larger; smaller
• C)smaller; smaller
• D)smaller; larger

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Definitions:

Reinforcement

In psychology, a process by which a behavior is strengthened or increased in frequency by the consequence that follows it.

Humanistic Psychologists

Psychologists who emphasize individual potential, self-growth, and the concept of self-actualization.

Basically Destructive

This term is not recognized as a standard psychological or medical key-term, hence it might refer to actions or behaviors fundamentally harmful in nature. NO.

Objective Events

Situations or occurrences that exist independently of personal feelings, opinions, or biases.