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.

---

Definitions:

Annual Percentage Rates

The annual rate charged for borrowing or earned through an investment, adjusted for the effect of compounding.

Risk

The potential for losing something of value, weighed against the potential to gain something of value.

Coefficient Of Variation

A measure of relative variability that describes the standard deviation of a dataset as a percentage of its mean, showing the extent of variability in relation to the mean.

Salaries

Regular payments made by employers to their employees in exchange for the work that they do.