The Marginal Propensity to Consume Is the

question 95

Multiple Choice

The marginal propensity to consume is the

• A)fraction of the first dollar of disposable income received that is saved.
• B)fraction of the first dollar of disposable income received that is consumed.
• C)fraction of the last dollar of disposable income received that is saved.
• D)fraction of a change in disposable income that is spent on consumption.
• E)total amount of consumption divided by the total amount of disposable income.

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Definitions:

Olfactory Epithelium

Epithelium of the olfactory recess containing olfactory receptors.

Nasal Cavity

The large air-filled space behind the nose, involved in breathing, smell, and mucus production to filter air entering the respiratory system.

Nasolacrimal Ducts

The ducts that carry tears from the lacrimal sacs of the eyes into the nasal cavity, facilitating tear drainage.

Cricoid Cartilage

Most inferior laryngeal cartilage.