The Marginal Propensity to Save Refers to the

question 79

Multiple Choice

The marginal propensity to save refers to the

• A)additional saving that occurs out of an additional dollar of income.
• B)additional saving that occurs out of an additional dollar of investment.
• C)total saving divided by a change in income.
• D)change in saving divided by total income.
• E)additional saving that occurs over time.

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Definitions:

Practice

The actual application or use of an idea, belief, or method, as opposed to theories relating to it.

Reconstruction Governments

were formed in the southern United States after the Civil War, tasked with rebuilding and integrating the states back into the Union, often with significant Northern and federal government influence.

Economic Policies

Economic policies are strategies and decisions made by governments or institutions to influence or control the economic behavior of a country or region.

Southern Society

Refers to the social structure and culture of the American South, historically characterized by agrarian economy, plantation system, and social stratification including slavery.