The _____ Is the Change in Saving Associated with a Change

question 143

Multiple Choice

The _____ is the change in saving associated with a change in income.

• A) average propensity to consume
• B) marginal propensity to consume
• C) average propensity to save
• D) marginal propensity to save

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Definitions:

Assets

Assets refer to resources owned by a company that have economic value and can be used to meet debts, commitments, or investments.

Retained Earnings

The portion of a company's profits not distributed as dividends to shareholders, but instead reinvested in the business or held as reserves.

Assets

Assets are resources owned by a business or individual, which provide economic value or are expected to generate future benefit.

Revenues

The income generated from normal business operations and includes discounts and deductions for returned merchandise.