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If the marginal propensity to save equals 0.2 and the marginal propensity to import equals 0.3,an autonomous decrease in investment spending of $1 million leads to a $2 million decrease in domestic income and a $600,000 decrease in imports.
Listening Barriers
Factors that prevent effective absorption, understanding, or response to spoken messages.
Guidelines for Listening
Standards or principles designed to improve active and effective listening skills in various communication contexts.
Effective Listening
The skill of actively paying attention, understanding, responding, and retaining what is being communicated.
Millennial Customer
A reference to consumers born roughly between 1981 and 1996, characterized by their distinct buying habits and preferences.
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