Total Desired Saving Divided by Total Income Is Called the

question 20

Multiple Choice

Total desired saving divided by total income is called the

• A)marginal propensity to save.
• B)average propensity to consume.
• C)average propensity to spend.
• D)total propensity to save.
• E)average propensity to save.

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Definitions:

Commonwealth v. Hunt

A landmark 1842 Massachusetts Supreme Court case that ruled that labor unions were not illegal conspiracies, provided that their actions were honorable and peaceful.

Organized Labor

Groups of workers united in trade unions or labor unions, aiming to improve working conditions, wages, and workers' rights through collective bargaining.

Labor Movement

A social and political movement advocating for the rights, conditions, and interests of working people, with organized labor unions playing a central role in negotiating wages, benefits, and working conditions.