If You Earn an Additional $200 in Disposable Income One

question 257

Multiple Choice

If you earn an additional $200 in disposable income one week for feeding your neighbor's ferret,

• A) the total of your consumption and saving will increase by more than $200.
• B) the total of your consumption and saving will increase by $200.
• C) the total of your consumption and saving will increase by less than $200.
• D) your consumption will increase by more than $200, even if your MPS is 0.1.

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Definitions:

Traditional

Adhering to or advocating for the preservation of established customs, ideas, or systems, usually in opposition to modern innovations or changes.

Procedures

Established ways of performing tasks or activities in organized settings, often following set rules or guidelines to achieve specific objectives.

Bureaucratic

Pertaining to the complex administrative structure and processes of organizations or governments, characterized by formal rules and hierarchy.

Polish Christians

A religious demographic in Poland primarily adhering to Christianity, with the majority being Roman Catholic, but also including other Christian denominations.