A Decrease in Autonomous Investment of $100 That Occurs When

question 54

Multiple Choice

A decrease in autonomous investment of $100 that occurs when MPS = 0.25 will lead to a decrease in national income of

• A)$25.
• B)$100.
• C)$400.
• D)$800.

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Definitions:

Skewed

A distribution that is not symmetrical, with a majority of data points lying on one side of the mean.

Bimodal

A distribution with two different modes, or peaks, in a set of data, indicating two dominant frequencies or values.

Normal Distribution

Normal distribution, often called a bell curve, describes a symmetrical distribution of data where most values cluster around a central mean.