Suppose That the MPC Is 0

question 21

Multiple Choice

Suppose that the MPC is 0.7,there is no investment accelerator,and there are no crowding-out effects.If government expenditures increase by $30 billion,then aggregate demand

• A)shifts rightward by $100 billion.
• B)shifts rightward by $51 billion.
• C)shifts rightward by $170 billion.
• D)shifts rightward by $72.8 billion.

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Definitions:

Universal Ethical Principles

Fundamental norms and values that are widely acknowledged as a basis for ethical conduct, irrespective of cultural, religious, or societal differences.

Universal Ethical Principles

Fundamental moral guidelines that are believed to be universally applicable to all individuals regardless of culture or personal background.

Obedience and Punishment Orientation

A stage in moral development where individuals conform to rules to avoid punishment or gain approval.

Moral Development

The process through which individuals evolve in their understanding of what is right and wrong, influenced by cultural, social, and cognitive factors.