If the Simple Spending Multiplier Is 10,the Marginal Propensity to Save

question 105

Multiple Choice

If the simple spending multiplier is 10,the marginal propensity to save (MPS) is:

• A)1/10.
• B)9/10.
• C)1/9.
• D)10/9.
• E)9.

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Definitions:

Nervous System

The complex network of nerves and cells that carry messages to and from the brain and spinal cord to various parts of the body.

Cortisone

A steroid hormone used as a medication to treat inflammation and immune system diseases.

Parathyroid Gland

Small endocrine glands in the neck that produce parathyroid hormone, which regulates calcium levels in the blood.

Serum Calcium Levels

The concentration of calcium in the blood, important for bone health, muscle function, and nerve signaling.