Students can change the direction of the greater society through volunteering and other forms of involvement. They are also subject to the greater economy and environment. In the 1990s, college students, for the most part:

a. Enjoyed a strong economy with multiple job choices and a technology explosion.
b. Flooded into social work and helping others professions
c. Questioned authority and dealt with years of unrest and change
d. Conformed and were very conservative, held traditional values

A

Economics

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When the income multiplier is 3, the marginal propensity to save is

a. 1/(1 + MPC) b. 0.33 c. 1/(1 – MPC) d. 0.66 e. none of the above

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What is meant by the "paradox of leverage?"

What will be an ideal response?

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