Assume That the Consumption Function Is C = 200

question 67

Multiple Choice

Assume that the consumption function is C = 200 + 0.8Y. The marginal propensity to save is:

• A) 0.75.
• B) 0.25.
• C) 0.8.
• D) 0.2.

---

Definitions:

Racial Inequalities

Refers to the disparities in income, wealth, education, and opportunities based on race.

Health Care System

An organized framework of health services and resources aimed at delivering health care to a population, including medical professionals, facilities, and policies.

Main Supporters

Primary individuals or groups that provide support, usually in the context of financial backing, endorsement, or advocacy for a cause or individual.

Health Care System

An organized network of institutions, resources, and people aimed at delivering health care services to meet the health needs of a target population.