If Income Increases by $100 and Saving Increases by $25,the

question 84

Multiple Choice

If income increases by $100 and saving increases by $25,the slope of the consumption function equals _____.

• A)1/4
• B)1/5
• C)1/2
• D)3/4
• E)3/5

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Definitions:

Generalize

To make broad statements or conclusions based on a limited set of observations or evidence, applying them widely.

Experimental Group

The group in a scientific study that receives the treatment or intervention being tested, compared against a control group.

Trolled

The act of deliberately provoking or antagonizing others online, often by posting inflammatory or off-topic messages in a community space.

Control Group

In scientific experimentation, a group of subjects who do not receive the treatment or intervention being tested, used as a benchmark to measure how the other tested subjects do.