The Marginal Propensity to Consume Is the Ratio of Consumption

question 72

True/False

The marginal propensity to consume is the ratio of consumption to saving.

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Definitions:

Kindertransport

The rescue movement that took place just before World War II, transporting Jewish children from Nazi-occupied territories to safety.

Berkshire Mountains

A highland region in western Massachusetts, known for its scenic beauty and as a popular outdoor recreation area.

Boston Symphony Orchestra

A world-renowned orchestra based in Boston, Massachusetts, known for its performances of classical music.

Tanglewood

A famous music venue in Massachusetts known for its classical music concerts and as the summer home of the Boston Symphony Orchestra.