-In the Above Figure, the Marginal Propensity to Consume Equals

question 96

Multiple Choice

-In the above figure, the marginal propensity to consume equals

• A) 0.85.
• B) 0.90.
• C) 0.80.
• D) 0.75.

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Definitions:

Sensory Storage

The shortest-term element of memory, where sensory information is held just long enough to be processed for basic physical characteristics.

Encoding

The process by which information is transformed into a format that can be stored in memory.

Retrieval

The process of getting information out of memory storage and back into conscious awareness, an essential component of remembering.

Working Memory

An active processing system that allows manipulation of different types of information to keep it available for current use.