In the Keynesian-Cross Model,if the MPC Equals

question 118

Multiple Choice

In the Keynesian-cross model,if the MPC equals .75,then a $1 billion increase in government spending increases planned expenditures by ______ and increases the equilibrium level of income by ______.

• A) $1 billion; more than $1 billion
• B) $.75 billion; more than $.75 billion
• C) $.75 billion; $.75 billion
• D) $1 billion; $1 billion

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Definitions:

Level 4 Evaluations

Pertains to the evaluation of training results based on business impact or changes in organizational performance due to a training program.

Utility Analysis

A quantitative method used to assess the effectiveness of a decision, system, or project, often in terms of its cost-effectiveness or efficiency.

Return on Investment

A financial metric used to evaluate the efficiency or profitability of an investment, calculated by dividing the profit from an investment by its cost.

Return on Investment

A metric that assesses the effectiveness or profit generated from an investment by dividing the investment's return by its expense.