1) Derrick gets a salary increase from $62,500 to $67,500. Over the following year, he spends $3,500 more than he did the previous year. Based on this data calculate the following values. Show your work and write out any formulas you use. a) What is Derrick’s Marginal Propensity to Consume (MPC)? (2 points)
b) What is the value of Derrick’s spending multiplier based on your answer to part A? (2 points)

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Read this scenario: a group of immigrant farmworkers forms an interest group to argue for workers' rights in their state. they cannot afford an experienced lobbyist, however, and are unable to secure meetings with important lawmakers. which negative aspect of interest groups does the scenario illustrate? a. lacking power without funding b. supporting candidates who may not be the best choice for a position c. focusing only on group members' goals d. resorting to unethical tactics

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