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bogdanovich [222]
2 years ago
13

Support Roberto's reasoning in the following scenario.

Advanced Placement (AP)
1 answer:
klemol [59]2 years ago
5 0

Answer:

Support Roberto's reasoning in the following scenario.

Situation: Roberto works for Nature's Most Awesome, an organic snack company, and he is getting ready to lead market testing for its new chips. He notices the closest competitor has ramped up advertising in recent weeks and suggests to his boss to push up the release of Nature's Most Awesome chips.

Explanation:

Support Roberto's reasoning in the following scenario.

Situation: Roberto works for Nature's Most Awesome, an organic snack company, and he is getting ready to lead market testing for its new chips. He notices the closest competitor has ramped up advertising in recent weeks and suggests to his boss to push up the release of Nature's Most Awesome chips.

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Which of the following is the formula for the multiplier?
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The formula to determine the multiplier(M) is:

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MPC=Marginal propensity to consume

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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.

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