The Marginal Propensity to Save Is Defined As:
A) $\Delta$ C $\Delta$

question 82

Multiple Choice

The marginal propensity to save is defined as:

• A) \(\Delta\)C/\(\Delta\)Y_d.
• B) \(\Delta\)S/\(\Delta\)Y_d.
• C) \(\Delta\)Y_d/\(\Delta\)C.
• D) \(\Delta\)Y_d/\(\Delta\)S.

---

Definitions:

Bond Selling Price

The market price at which a bond is traded, which may be above (premium) or below (discount) its face value.

Par Value

The nominal or face value of a security or currency, as stated by the issuer.

Market Rate

The current price or rate at which goods, services, or securities are traded in the open market.

Discount on Bonds Payable

The difference between a bond's face value and its selling price when it is sold for less than its face value.