The Marginal Propensity to Consume Is

question 99

Multiple Choice

The marginal propensity to consume is:

• A)the relationship between a change in consumption and a change in income.
• B)the relationship between a change in consumption and a change in saving.
• C)the relationship between changes in consumption and changes in net wealth.
• D)the ratio of income to consumption at any given level of income.
• E)the ratio of total consumption to total saving.

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Definitions:

Grasping Tail

A prehensile tail found in some primates, used for gripping or holding objects, aiding in locomotion, and providing stability during arboreal activities.

Borneo and Sumatra

Two large islands in Southeast Asia, known for their biodiversity, including unique species and dense rainforests.

Arboreal

Pertaining to trees; living in or related to trees.

Pygmy Chimps

Commonly known as bonobos, a species of great ape native to the Congo Basin, distinguished by their comparatively small size, matriarchal social structures, and complex social behaviors.