All of the Following Are True Statements About the Multiplier

question 157

Multiple Choice

All of the following are true statements about the multiplier except

• A)the multiplier rises as the MPC rises.
• B)the smaller the MPS,the larger the multiplier.
• C)the multiplier is a value between zero and one.
• D)the multiplier effect occurs when autonomous expenditure changes.

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Definitions:

Observational Learning

A process in which an individual learns new responses by observing the behavior of another (a model) rather than through direct experience; sometimes called vicarious conditioning.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, aiming at the strengthening or weakening of voluntary behaviors.

Social-Cognitive Learning

A theory that suggests learning occurs through observation, imitation, and modeling, influenced by both environmental and cognitive factors.