Suppose Measures an Economy's Personal Consumption Expenditure and X

question 252

Multiple Choice

Suppose measures an economy's personal consumption expenditure and x the personal income, both in billions of dollars. Then, measures the economy's savings corresponding to an income of x billion dollars. Then . ​
The quantity dS/dx is called the marginal propensity to save.
​
For the consumption function , find the marginal propensity to save.
​

• A) $0.43 billion/billion dollars
• B) $0.286 billion/billion dollars
• C) $0.68 billion/billion dollars
• D) $0.337 billion/billion dollars

Understand the dynamic relationship between the Cold War and civil rights movements in the United States.

Understand how interest rates impact resource extraction costs and user costs.

Analyze the effect of conflict on the pace of resource extraction.

Assess the impact of government regulations on user costs in resource extraction.

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Definitions:

Russian Government

The political and administrative structures governing the Russian Federation, including its executive, legislative, and judicial branches.

Default

The failure to fulfill an obligation, especially to repay a loan or appear in a court of law.

Open-Economy Macroeconomic

A branch of economics that studies how economies interact with other countries' economies in terms of trade, investment, and finance.

Net Exports

The value of a country's total exports minus its total imports, representing the net trade balance of goods and services.