When Tom's Income Is $20,000, He Spends $18,000 and When

question 7

Multiple Choice

When Tom's income is $20,000, he spends $18,000 and when his income increases to $30,000, he spends $23,000. His MPC is

• A)0.3.
• B)0.5.
• C)0.65.
• D)0.77.
• E)0.90.

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Definitions:

Control Box

A graphical user interface element, typically found in the corner of a window, that contains controls to minimize, maximize, or close the window.

Record Selectors

GUI elements used to select, highlight, or mark records in a database or a spreadsheet.

Navigation Buttons

User interface elements that allow users to move through a series of web pages, documents, images, or other content.

Record Source

The data source for a database object, such as a form or report, indicating where the object retrieves its data.