If the Multiplier Is 10,the Marginal Propensity to Consume Must

question 269

True/False

If the multiplier is 10,the marginal propensity to consume must be 0.1.

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Definitions:

Variability

The extent to which data points in a data set differ from each other and from the mean.

Range

The difference between the highest and lowest values in a data set.

Coefficient of Variation

A normalized measure of dispersion of a probability distribution, calculated as the ratio of the standard deviation to the mean, usually expressed as a percentage.

Variability

The extent to which data points in a dataset differ from each other and from the mean of the dataset.