If the MPC Equals 0.75, Then

question 377

Multiple Choice

If the MPC equals 0.75, then

• A) for every $100 increase in consumption, real Gross Domestic Product (GDP) increases by $75.
• B) consumption is always more than real Gross Domestic Product (GDP).
• C) for every $100 increase in real Gross Domestic Product (GDP), saving increases by $75.
• D) for every $100 increase in real Gross Domestic Product (GDP), saving increases by $25.

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Definitions:

Hassles

Everyday irritations and annoyances that individuals face, which can accumulate and affect mental and physical health.

Short-term Illnesses

Health conditions that are brief in duration, typically lasting for a few days to a few weeks, and usually have a swift onset and recovery.

Flu

A common infectious illness caused by influenza viruses, characterized by fever, cough, sore throat, and body aches.

Time Urgency

A psychological state characterized by continual concern and hurry about time, often leading to stress and productivity issues.