The Smaller the Marginal Propensity to Save,other Things Constant,_____

question 75

Multiple Choice

The smaller the marginal propensity to save,other things constant,_____.

• A)the smaller the marginal propensity to consume
• B)the larger the marginal propensity to consume
• C)the smaller the multiplier
• D)the flatter the consumption function
• E)the steeper the saving function

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Definitions:

Alessandro Volta

An Italian physicist known for inventing the battery in the 1800s, leading to the development of the first source of continuous electrical current.

Electricity

A form of energy resulting from the existence of charged particles, such as electrons or protons, either statically as an accumulation of charge or dynamically as a current.

Voltaic Cell

A device that converts chemical energy into electric energy.

Acid

A substance that donates hydrogen ions (H+) to solutions and can accept a pair of valence electrons to form a bond.