If the MPS Is 0.22, the MPC Is

question 169

Multiple Choice

If the MPS is 0.22, the MPC is

• A) -0.22.
• B) 0.66.
• C) 0.78.
• D) 1.22.

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Definitions:

Promotion

Marketing strategies and tactics used to increase awareness, interest, and sales of a product or service.

Over-optimism

The tendency to overestimate the likelihood of positive outcomes in situations or decisions.

Worker

An individual engaged in a specific activity or labor, especially for economic gain.

Credit Card

A card issued by a financial institution that allows the cardholder to borrow funds with which to pay for goods and services with the promise to repay these funds, plus any agreed charges.