If the Marginal Propensity to Consume Was 0

question 92

Multiple Choice

If the marginal propensity to consume was 0.9, it would mean that:

• A) consumers spend $9 out of every $10 of additional disposable income.
• B) consumers save $9 out of every $10 of additional disposable income.
• C) consumers spend $1 out of every $10 of additional disposable income.
• D) people should save more.

Assess the impact of organizational design on decision making, information flow, and response to environmental changes.

Identify the factors determining the best organizational design, including environmental, strategic, and technological considerations.

Evaluate the role of strategic choices in shaping organizational design and performance.

Understand the concepts of mechanistic and organic organizations and their applications in different contexts.

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Definitions:

Employment-At-Will

A legal doctrine stating that an employment relationship can be terminated at any time by either the employer or the employee, for any reason that is not illegal.

Legal Remedies

Actions available through the court system to enforce a right, impose penalties, or grant relief to the harmed party.

Progressive Discipline

A method of employee discipline that applies increasingly severe penalties for repeated offenses.

Respondeat Superior

The legal doctrine that imposes liability on employers and makes them pay for torts committed by their employees within the scope of the employer’s business. Literally translated, it means “Let the master respond.”