If V and T Represent Velocity and Time,respectively,C₁ in V

question 61

Multiple Choice

If v and t represent velocity and time,respectively,C₁ in v = C₁e^-C2^t must

• A)have the dimensions L/T.
• B)have the dimensions L²/T.
• C)have the dimensions L/T ².
• D)have the dimensions L²/T ².
• E)be dimensionless.

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Definitions:

MPC (Marginal Propensity To Consume)

Measures the proportion of additional income that a consumer spends on goods and services rather than saving.

GDP

GDP stands for Gross Domestic Product, which is an indicator of a nation's economic health, calculated by adding up the value of every good and service produced for a certain period.

Multiplier

A factor that quantifies the additional economic impact of spending; it measures by how much a change in investment or government spending will affect the total economic output.

MPC (Marginal Propensity To Consume)

The proportion of additional income that an individual consumes rather than saving.