Human beings are generally very good at accurately estimating probabilities

Indicate whether the statement is true or false

FALSE

Economics

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When the marginal propensity to consume (MPC) increases

A) the average propensity to save remains unchanged. B) the multiplier remains unchanged. C) the multiplier decreases. D) the multiplier increases.

Economics

Human capital is defined as the

A) amount of machinery human beings have. B) number of factories built for human beings. C) accumulated skill and knowledge of human beings. D) accumulated amount of machinery and factories human beings own. E) skills that people are born with.

Economics