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(Table: Consumption and Savings) Based on the Table, the Marginal

question 178

Multiple Choice

(Table: Consumption and Savings) Based on the table, the marginal propensity to consume is _____ and the average propensity to consume _____.  Income  Consumption Spending  Saving $30,000$30,000$040,00035,0005,00050,00040,00010,000\begin{array} { l c r } \text { Income } & \text { Consumption Spending } & \text { Saving } \\\$ 30,000 & \$ 30,000 & \$ 0 \\40,000 & 35,000 & 5,000 \\50,000 & 40,000 & 10,000\end{array}


Definitions:

Factor

An element contributing to a particular result or situation.

Surface Traits

Observable qualities or characteristics of an individual's personality that can easily be inferred from behavior, as opposed to deeper, less observable traits.

Personality Characteristics

Traits that describe an individual's consistent patterns of thought, feeling, and behavior.

Dynamic Traits

Traits that describe our motivations and interests.

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