What Is the Term for Elite Members of Society Who

question 70

Multiple Choice

What is the term for elite members of society who devise its rules and laws?

• A)rule creators
• B)rule enforcers
• C)moral entrepreneurs
• D)social controllers

---

Definitions:

MPS

The marginal propensity to save, indicating the proportion of additional income that a household saves rather than spends on consumer goods.

C

In economic formulas, "C" typically represents consumption spending by households.

Consumers

Individuals or households that purchase goods and services for personal use.

Services

Intangible products such as healthcare, education, and financial advising that are consumed at the point of delivery and do not result in ownership of physical goods.