The Marginal Propensity to Consume Is Calculated as

question 70

Multiple Choice

The marginal propensity to consume is calculated as

• A)consumption expenditure divided by the change in disposable income.
• B)the change in consumption expenditure divided by disposable income.
• C)consumption expenditure divided by total disposable income.
• D)the change in consumption expenditure divided by saving.
• E)the change in consumption expenditure divided by the change in disposable income.

---

Definitions:

Polygenic

Pertaining to or involving multiple genes, especially in relation to the genetic basis of complex traits and characteristics.

Nonadditive

A property or situation in which combining two substances or quantities does not simply result in the sum of their individual effects.

Polygenic

Relating to or involving the influence of multiple genes on a specific trait, characteristic, or disease.

Nonadditive

A characteristic of effects or interactions in which the total outcome is not simply the sum of individual components.