The Multiplier Is Equal to the Reciprocal of the MPC

question 188

True/False

The multiplier is equal to the reciprocal of the MPC.

---

Definitions:

Risky Shift

The phenomenon where groups tend to make riskier decisions together than individuals would make on their own.

Polarization

The process or phenomenon through which opinions, attitudes, or behaviors become increasingly extreme or divided.

Groupthink

A psychological phenomenon occurring within a group of people, where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Groupthink

A psychological phenomenon that occurs within a group of people when the desire for harmony results in an irrational or dysfunctional decision-making outcome.