Total Desired Saving Divided by Total Income Is Called the

question 7

Multiple Choice

Total desired saving divided by total income is called the

• A)average propensity to consume.
• B)average propensity to save.
• C)average propensity to spend.
• D)marginal propensity to save.
• E)total propensity to save.

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Definitions:

Magnesium

A lightweight, silvery-white, highly reactive metal used in alloys, fireworks, and as a reducing agent in the production of uranium and other metals.

Chlorine

A greenish-yellow, diatomic gas that is a member of the halogen group, highly reactive and used as a disinfectant and in the production of numerous chemicals.

Cobalt

Cobalt is a chemical element with the symbol Co and atomic number 27, known for its magnetic properties and use in various alloys.