If the Consumption Function Is of the Form [C =

question 219

Multiple Choice

If the consumption function is of the form [C = 60 + 0.9Y], the MPS equals

• A) -0.9.
• B) 0.1.
• C) 0.6.
• D) 0.9.

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Definitions:

Organize Notes

The act of arranging or structuring notes in a systematic way for better study efficiency and recall.

Homework Assignment

A task assigned by an educator to be completed outside the classroom, intended to reinforce learning.

Limited Amount

A specific quantity that is less than infinite, often constrained or restricted in size or number.

Review Class Notes

The act of going over and studying notes taken during class lectures or readings to reinforce learning.