Table 91 What Is the Marginal Propensity to Save in Table 9

question 70

Multiple Choice

Table 9.1 $$\begin{array} { | l | c | } \hline \begin{array} { c } \text { Disposable Income } \\\text { (Billions of dollars per year) }\end{array} & \begin{array} { c } \text { Total Consumption } \\\text { (Billions of dollars per year) }\end{array} \\\hline \text { \$0 } & \$ 50 \\\hline 200 & 210 \\\hline\end{array}$$ What is the marginal propensity to save in Table 9.1?

• A)0.05.
• B)0.80.
• C)0.20.
• D)0.24.

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Definitions:

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Relating to or derived from direct experience; often used in marketing to describe a strategy focused on creating memorable customer experiences.