If Income Rises from $10,000 to $20,000 and Consumption Increases

question 180

Multiple Choice

If income rises from $10,000 to $20,000 and consumption increases from $9,000 to $16,000, then the marginal propensity to consume is

• A) 0.10.
• B) 0.30.
• C) 0.70.
• D) 0.80.

Recognize the effects of biological and social factors on the predisposition toward prosocial behavior.

Explain the impact of societal norms and personal costs on helping behavior.

Analyze the role of empathy in motivating helping behavior.

Describe the decision-making process in emergency situations according to the bystander-calculus model.

---

Definitions:

Summary Statistics

Numeric values that summarize and provide information about your sample data, including measures like mean, median, and standard deviation.

Lower Fence

A term used in descriptive statistics and boxplot construction, referring to a value below which lies an outlier in a dataset, typically calculated as Q1 - 1.5*IQR, where Q1 is the first quartile and IQR is the interquartile range.

Box And Whisker Plot

A graphical representation of data that displays the median, quartiles, and extremes, providing a visual summary of the distribution.

Percentiles

Statistical measures indicating the value below which a given percentage of observations in a group of observations falls.