If in an Economy,the MTR = 0

question 148

Multiple Choice

If in an economy,the MTR = 0.2,the MPS = 0.25,and the MPM = 0.15,what is the value of the multiplier?

• A)1.67
• B)2
• C)2.22
• D)2.5
• E)3.33

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Definitions:

ANOVA Table

A statistical table used in analysis of variance that summarizes the sources of variability in the data, helping to determine whether differences between groups are significant.

F-ratio

A statistic used to compare the variances among group means in an analysis of variance (ANOVA) test, determining if any significant differences exist.

P-value

A statistical measure that indicates the probability of an observed data occurring under a particular assumption or model usually associated with hypothesis testing.

ANOVA Table

A structured representation of the analysis of variance, showing statistical tests to determine if there are differences among group means.