If Equilibrium Real GDP Demanded Rises from $4 Trillion to $6

question 1

Multiple Choice

If equilibrium real GDP demanded rises from $4 trillion to $6 trillion when government purchases increase by $1 trillion,how large is the marginal propensity to consume?

• A)0.8
• B)0.4
• C)0.5
• D)0.2
• E)2

Comprehend the role of intrinsic motivation and task characteristics in subordinate performance.

Understand the principles of Path-goal Theory and its implications for leadership effectiveness.

Learn about effective time management techniques and their relevance in managerial work.

Grasp the importance of support and task orientation in leadership for achieving role clarity and high performance.

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Definitions:

Motion To Dismiss

In a civil case, a request by the defendant that asks a judge or a court to dismiss the case because even if all the allegations are true, the plaintiff is not entitled to any legal relief. Also called demurrer.

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A type of paint that contains lead, a heavy metal, which can be toxic when ingested or inhaled, especially harmful to children.

Identical Product

A product that is exactly the same in every characteristic and feature as another product.

Sophisticated-User

A legal defense that releases a manufacturer from liability if the user of their product is deemed to have sufficient expertise to appreciate the risks associated with the product's use.