If the Marginal Propensity to Consume Is Equal to 0

question 22

Multiple Choice

If the marginal propensity to consume is equal to 0.75,the spending multiplier is equal to

• A) 4.0.
• B) 1.75.
• C) 0.25.
• D) 0.57.
• E) 1.33.

---

Definitions:

Cultural Differences

encompass the variations in practices, norms, and values among individuals from different societies or cultural backgrounds.

Transference

In psychotherapy, the redirection of a patient's feelings for a significant person to the therapist.

Mental Hospitals

Healthcare facilities specialized in treating individuals with mental health disorders, offering a range of psychiatric services and therapies.

Adequate Care

Sufficient and appropriate provision of services or support to meet an individual's health or wellbeing needs.