If an Increase in Autonomous Consumption Spending of $10 Million

question 88

Multiple Choice

If an increase in autonomous consumption spending of $10 million results in a $50 million increase in equilibrium real GDP,then

• A)the MPC is 0.5.
• B)the MPC is 0.75.
• C)the MPC is 0.8.
• D)the MPC is 0.9.

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Definitions:

(R)-3-methylpent-1-ene

A specific optical isomer of an organic compound with a branched five-carbon chain, featuring a double bond at the first carbon and a methyl group at the third position.

Reagents

Chemicals or ingredients introduced into a system to initiate a chemical reaction or to check for the presence of a reaction.

NMR Spectrum

A graphical representation of the nuclear magnetic resonance of atoms within molecules, providing information on the structure, dynamics, reaction state, and chemical environment of the molecule.

Splitting

A process or reaction where a larger molecule is divided into two or more smaller entities, often used in reference to nuclear fission or chemical decomposition.