At the Point Where the Consumption Schedule Intersects the 45-Degree

question 68

Multiple Choice

At the point where the consumption schedule intersects the 45-degree line,

• A) the MPC is 1.00.
• B) the APC is 1.00.
• C) saving is equal to consumption.
• D) the economy is in equilibrium.

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Definitions:

Hunger Strike

A form of protest in which individuals refuse to eat food until their demands or conditions are met, often used as a means of non-violent resistance.

Assimilation Policy

A governmental strategy aimed at encouraging immigrants or minorities to adopt the dominant cultural norms and values of a society.

Letter

A written message from one party to another, often enclosed in an envelope and sent by post.

Act of Resistance

A deliberate action or series of actions undertaken to oppose or defy authority, control, or convention, often in the context of social or political issues.