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If the MPC is 0.5,then a $10 million increase in disposable income will increase consumption by
Independent Variable
The variable that is manipulated to observe its effect on the dependent variable.
Ceiling Effect
A limitation in data measurement where higher values become indistinguishable due to the upper limit of the scale being reached.
Confounding
An uncontrolled variable varies systematically with an independent variable; it is impossible to separate the effect of the independent variable from the confounding variable.
Independent Variable
The variable in an experiment that is manipulated by the researcher to observe its effect on the dependent variable.
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