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

question 147

Multiple Choice

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

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

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Definitions:

Need

A requirement necessary for people or organizations to achieve a desired state or outcome.

Satisfaction Deficit

A state where an individual's or group's needs, expectations, or desires are not met, leading to a sense of dissatisfaction.

Theory Y

Assumes people are willing to work, accept responsibility and are self‐directed and creative.

McGregor

Refers to Douglas McGregor's theories X and Y, which are concepts in management and motivation theory that describe two contrasting models of workforce motivation applied by managers in human resource management, organizational behavior, and organizational development.