The Marginal Propensity to Save Is Calculated as

question 110

Multiple Choice

The marginal propensity to save is calculated as

• A)saving divided by disposable income.
• B)the change in saving divided by the change in consumption expenditure.
• C)saving divided by the change in disposable income.
• D)the change in saving divided by disposable income.
• E)the change in saving divided by the change in disposable income.

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Definitions:

Customer Service

The assistance and support provided by a company to those people who buy or use its products or services.

Benefits Administration

This involves the creation, management, and operation of a company's employee benefits program, encompassing health insurance, retirement plans, and other perks.

Rule Based

An approach or system governed by explicit, predefined rules or regulations that dictate the operation or decision-making process.

Outsourced

The practice of having certain job functions or tasks performed outside a company instead of by the company’s own employees.