Fill in the Blank with One of the Words or Phrases

question 35

Multiple Choice

Fill in the blank with one of the words or phrases listed below. $$\begin{array} { l l l l } \text { system of linear equations } & \text { solution } & \text { consistent } & \text { independent } \\\text { dependent } & \text { inconsistent } & \text { substitution } & \text { addition }\end{array}$$
-A(n) of a system of two equations in two variables is an ordered pair of numbers that is a solution of both equations in the system.

• A) dependent
• B) consistent
• C) substitution
• D) solution

---

Definitions:

APC

The average propensity to consume, which is the fraction of total income that is spent on consumption as opposed to being saved.

Saving

The portion of income not spent on consumption, often set aside for future investments or expenditures.

Disposable Income

The amount of money individuals or households have available to spend or save after taxes have been accounted for.

Saving

The portion of income that is not spent on consumption but instead is set aside for future use or investment.