If Disposable Income Is $250 and Saving Is $50, How

question 125

Multiple Choice

If disposable income is $250 and saving is $50, how much is the average propensity to consume?

• A) 0.2
• B) 0.25
• C) 0.5
• D) 0.8

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Definitions:

Formal And Detailed

Characterized by a precise and thorough approach, often following specific rules or conventions.

Higher In Organization

A position or level that is above others in terms of authority or rank within an organization.

Skeptical Or Resistant

Showing doubt or disbelief regarding information or unwilling to accept something as true.

Audience

The collective of individuals targeted by a communication, campaign, or creative work, characterized by their shared interests or demographics.