If the Marginal Propensity to Save (MPS) Is 0

question 235

Multiple Choice

If the marginal propensity to save (MPS) is 0.25, the multiplier will be

• A) 0.75.
• B) 2.5.
• C) 4.
• D) 40.

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Definitions:

Biological Needs

are the essential physiological requirements humans need to maintain life, such as food, water, shelter, and oxygen.

Timing

The selection, determination, or arrangement of specific times for events or actions.

Conditioned Stimulus

A previously neutral stimulus that, after being paired repeatedly with an unconditioned stimulus, elicits a conditioned response.

Classical Conditioning

Classical conditioning is a learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, famously demonstrated by Pavlov's dogs experiment.