-In the Above Table, There Are No Taxes (So That

question 184

Multiple Choice

-In the above table, there are no taxes (so that that real GDP equals disposable income) and no imports or exports. If real GDP decreases from $6,000 to $5,000, the marginal propensity to consume is

• A) 0.80.
• B) 0.75.
• C) - 750.
• D) - 0.75.

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Definitions:

Diminishing

In the context of productivity or performance, refers to a reduction or decrease over time.

PERCEIVE Framework

This approach serves as a guide for comprehensively evaluating situations, empowering stakeholders to make informed decisions by thoroughly understanding the variables at play.

Nonverbal Cues

Communication without words, including gestures, body language, facial expressions, and other visual cues.

Proximity

Physical or psychological closeness between people, which can influence various aspects of interpersonal relationships, including attraction and communication.