If the Marginal Propensity to Consume Is 0

question 229

Multiple Choice

If the marginal propensity to consume is 0.8, every $10 increase in disposable income increases

• A) saving by $0.20.
• B) consumption expenditure by $8.00.
• C) consumption expenditure by $0.80.
• D) consumption expenditure by $18.00.

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Definitions:

Family Therapy

A type of psychological counseling that helps family members improve communication and resolve conflicts in a therapeutic setting, often involving multiple family members in the treatment process.

Psychoeducation

The process of educating patients about their psychological disorders, including symptoms, treatments, and coping strategies.

Social Skills Training

The teaching of appropriate and effective social communication and interpersonal behaviour.

Heritability of ADHD

Refers to the proportion of variance in ADHD symptoms that can be attributed to genetic factors.