The Impact of a Large Comet with Earth Has Been

question 25

Multiple Choice

The impact of a large comet with Earth has been suggested to have caused the extinction of the dinosaurs.The impact site of this comet is in or near

• A) Iowa
• B) Hudson Bay
• C) Crater Lake,Oregon
• D) Canberra Australia
• E) Chicxulub Mexico

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Definitions:

Disposable Income

Funds at households' discretion for savings and spending pursuits after the deduction of income taxes.

Autonomous Consumption

The minimum level of consumption that would still occur even if a consumer had no income, based on basic needs and obligations.

MPS

Marginal Propensity to Save, which is the fraction of an increase in income that is not spent on an increase in consumption.

Disposable Income

Funds that households can direct towards their saving and spending ambitions after income taxes are accounted for.