If the Marginal Propensity to Save Is 0

question 12

Multiple Choice

If the marginal propensity to save is 0.25, personal disposable income is £200 and autonomous consumption is £15, what is the level of consumption?

• A) £150
• B) £165
• C) £50
• D) £65

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Definitions:

Fluid Retention

The accumulation of excess water in the tissues of the body, often leading to swelling, known medically as edema.

Stress

A physical or emotional response to external or internal demands or stresses.

Clinical Determination

The process of making a decision or diagnosis based on clinical evidence, patient history, and professional medical judgment.

Full-time Job

Employment in which an individual works a minimum number of hours defined as such by their employer, typically around 40 hours per week.