The formula to determine the multiplier(M) is:
M = 1 / (1 – MPC)
where:
MPC=Marginal propensity to consume
What Is a Multiplier?
A multiplier is a broad term in economics that refers to an economic factor that, when increased or changed, causes increases or changes in many other related economic variables. In terms of GDP, the multiplier effect causes total output gains to be greater than the change in spending that caused it.
Typically, the term multiplier refers to the relationship between government spending and total national income. The deposit multiplier is another multiplier used to explain fractional reserve banking.
Often the multiplier formula is considered to be too simple because it ignores some real-world complications. The Reason is:
Option A. The formula ignores the impact of an increase in GDP on consumption.
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According to Shondra's personal assessment, the most suitable career cluster for her would be:
Shondra is passionate about Justice and ensuring that people stay safe and treat each other fairly, so a career in law and safety would be relevant, as these career groups are activities that require a lot of responsibility, empathy and a sense of collectivity, for dealing with issues related to life, safety and factors that directly impact all areas of an individual's life.
A career as a physical educator would also be a good choice for Shondra, as she enjoys physical fitness and knows how to deal with high pressure situations, which are important characteristics in a physical educator, who needs to enjoy physical activities, be determined and handle with pressure to motivate and direct their clients.
Therefore it is essential that the choice of a career is based on the professional profile of an individual, there are several tests and competent institutions for the best career direction for students.
It is essential to carry out in-depth career research, talk to other professionals in the field, as this is a decision that will impact your life and can positively impact the lives of other people as well.
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A high school diploma helps a student get a chance for better opportunities for a student such as going to college, going into the military and training for a better job.
Answer:
The answer is C!!!!!!!!!!!
Explanation:
Brainlies Please!
Answer:
the lower your monthly payments are.
Explanation:
