If Spending Increased by $100, and the GDP Increased $400

question 98

Multiple Choice

If spending increased by $100, and the GDP increased $400 as a result, the MPC must be:

• A) 0.70
• B) 0.75
• C) 4
• D) 2

---

Definitions:

Crypt Arithmetic

A type of mathematical puzzle in which the digits are replaced by letters or symbols, and the aim is to figure out the original digits.

Logic

The study of principles of reasoning, including the structure of arguments and the correctness of inferences.

Backtracking

A problem-solving technique that involves keeping track of where in the solving process assumptions are made so that they may be changed later.

Logic Problem

A puzzle or question that requires reasoning and critical thinking skills to solve.