The Table Given Below Shows the Real Gross Domestic Product

question 46

Multiple Choice

The table given below shows the real gross domestic product (GDP) ,consumption,and planned investment in an economy.The marginal propensity to save (MPS) in the economy is _____.
Table 9.3
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$$\begin{array} { c c c } \begin{array} { c } \text { Real } \\\text { GDP } ( \$ ) \end{array} & \text { Consumption } ( \$ ) & \begin{array} { c } \text { Planned } \\\text { Investment } ( \$ ) \end{array} \\\hline 0 & 140 & 100 \\100 & 220 & 100 \\200 & 300 & 100 \\300 & 380 & 100 \\400 & 460 & 100 \\500 & 540 & 100 \\600 & 620 & 100 \\700 & 700 & 100 \\800 & 780 & 100 \\900 & 860 & 100 \\1,000 & 940 & 100 \\1,100 & 1,020 & 100 \\1,200 & 1,100 & 100 \\1,300 & 1,180 & 100\end{array}$$

• A)0
• B)0.1
• C)0.2
• D)0.8
• E)20

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Definitions:

Nonrenewable Resources

Natural resources that cannot be replenished or replaced within a human lifespan, such as fossil fuels and minerals.

Squandered Resources

Resources that have been wasted or misused, often resulting in lost opportunities or damage.

Landscape Diversity

Variety of habitat elements within an ecosystem (e.g., plains, mountains, and rivers).

Species Diversity

A measure of biodiversity that refers to the variety of species within a particular region.