By How Much Would Government Purchases Have to Change If

question 101

Multiple Choice

By how much would government purchases have to change if the government wanted to increase income by $1,000 and the MPC were 0.9?

• A)$100
• B)$900
• C)$1,000
• D)$10,000/9
• E)$10,000

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Definitions:

Form Natural Units

Organize or group elements based on inherent or intrinsic characteristics that naturally belong together.

Open Feedback Channels

Systems or processes established to facilitate the free exchange of feedback among individuals or groups within an organization.

Job Enrichment

A method of motivating employees by giving them more responsibility and variety in their jobs.

Frederick Herzberg

An influential American psychologist known for his work on job motivation and satisfaction, particularly the Two-Factor Theory which differentiates between motivators and hygiene factors.