Maxims of Tact, Generosity, Approbation, and Modesty Are All Part

question 20

Multiple Choice

Maxims of tact, generosity, approbation, and modesty are all part of the conversational_________ .

• A) principle of process
• B) principle of cooperation
• C) principle of dialogue
• D) principle of politeness

---

Definitions:

APC (Average Propensity to Consume)

The fraction of income that is spent on consumption as opposed to savings.

Disposable Income

The amount of money available to households for making purchases and savings after the removal of income taxes.

Saving

The act of setting aside a portion of current income for future use, or the portion of income not spent on current expenditures.

MPC (Marginal Propensity to Consume)

The proportion of additional income that is spent on consumption.