In an Economy That Has No Foreign Trade, If Real

question 130

Multiple Choice

In an economy that has no foreign trade, if real GDP declines by $160 million following a decline in investment spending of $40 million, then the marginal propensity to consume must be equal to _____.

• A)2
• B)0.33
• C)4
• D)0.75
• E)0.4

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Definitions:

Glassdoor Survey

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Hiring Process

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A collection of non-wage compensation items offered to employees in addition to their salaries, such as health insurance, retirement plans, and paid time off.

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The study of people's efficiency in their working environment, focusing on the design of equipment, systems, and processes to improve safety, comfort, and productivity.