The Marginal Propensity to Consume Can Be Found by Dividing

question 32

Multiple Choice

The marginal propensity to consume can be found by dividing

• A)Total consumption by total saving.
• B)Total consumption by the number of people consuming.
• C)The change in total consumption by the change in disposable income.
• D)Disposable income by total consumption.

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Definitions:

Truth Values

The attribution of truth to the propositions in logic, typically categorized as either true or false.

Short Form Truth Table

A concise version of a truth table that focuses on determining the validity of an argument by examining only the essential truth values that would prove the argument invalid if any exist.

Atomic Sentences

Simplest statements that do not contain any logical connectives or only have a single predicate, often corresponding to a single fact or proposition.

Truth Values

The validity status of a statement, which can be either true or false in classical logic.