If the MPC Is 0

question 21

Multiple Choice

If the MPC is 0.5, the simple multiplier (ignoring leakages) is:

• A) 0.5
• B) 10
• C) 2
• D)5

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Definitions:

Probability

A measure of the likelihood or chance that a particular event will occur, expressed as a number between 0 and 1.

Scholarships

Financial grants provided to students based on academic or other achievements to support their education.

Variance

A statistical measure that describes the dispersion of data points in a dataset relative to their mean.

Probability

A quantification between 0 and 1, showing the chances of an event's occurrence.