If the Marginal Propensity to Consume (MPC)is 0

question 440

Multiple Choice

If the marginal propensity to consume (MPC) is 0.9, then the multiplier for a change in autonomous spending will be

• A)0.1.
• B)9.
• C)10.
• D)100.

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Definitions:

Refusing Requests

The act of denying or declining a request or proposal from another party.

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An intangible asset representing the value of a business's reputation, brand, or positive customer relations, often considered during acquisitions.

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Assertions or statements that imply something without saying it directly, often used to suggest an idea subtly.

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Disappointment is a feeling of dissatisfaction that arises when expectations or hopes are not met.