When Consumers Realize Additional Income in a Household and Spend

question 142

Multiple Choice

When consumers realize additional income in a household and spend the additional monies, the portion of the additional income that is spent is measured by the

• A) credit increase theory.
• B) marginal propensity to consume.
• C) aggregate demand factor.
• D) measure of individual wealth.

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Definitions:

Gastric Secretion

The process of producing and releasing fluids such as hydrochloric acid and digestive enzymes by the stomach's glands to aid in digestion.

Cholecystokinin

A hormone that stimulates the digestion of fat and protein by facilitating the digestion and slowing the rate of stomach emptying.

Gastric Secretion

is the process of producing and releasing fluids by the gastric glands in the stomach, including acid, enzymes, and mucus.

Acidic Chyme

The partially digested, acidic fluid that passes from the stomach to the small intestine, consisting of gastric juices and partly digested food.