The Marginal Propensity to Consume Is The_________

question 437

Multiple Choice

The marginal propensity to consume is the_________

• A) amount saving increases when consumption expenditure decreases.
• B) fraction of a change in consumption expenditure that is not saved.
• C) fraction of a change in disposable income spent on consumption expenditure.
• D) fraction of a change in saving spent on consumption expenditure.

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Definitions:

Ecological-systems Approach

A framework for understanding the complex interrelations between organisms and their environments, taking into account both immediate and broader socio-cultural contexts.

Cultural Values

The core principles and ideals upon which an entire community exists and functions.

Environmental Influences

Factors in a person's surroundings that affect their development and behavior, such as social relationships, culture, and physical settings.

Historical Context

The circumstances or events surrounding an event or era in history that help explain it.