If the Consumption Function Is Defined as C = 7,250

question 256

Multiple Choice

If the consumption function is defined as C = 7,250 + 0.8Y,what is the value of the marginal propensity to save?

• A)0.2
• B)0.8
• C)5.8
• D)9.1

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Definitions:

Comfort Zone

A behavioral state within which a person operates in an anxiety-neutral condition, using a limited set of behaviors.

Individual Job Performance

The level at which an employee fulfills their job responsibilities and tasks, often measured against predefined standards.

Reducing Behaviors

Actions taken to decrease the frequency or intensity of certain behaviors or habits.

Sabotage

Deliberate actions aimed at damaging, disrupting, or subverting systems, operations, or projects.