Edgar, Angela, and Juan Are Coworkers Who Receive the Same

question 73

Multiple Choice

Edgar, Angela, and Juan are coworkers who receive the same amount of money as a holiday bonus. Angela places most of her money in her 401k account and spends a small amount on stocking stuffers for her family. Edgar spends most of his money on a new smartwatch. Juan takes his wife out for a nice dinner and saves the remaining money. Who has the lowest marginal propensity to consume?

• A) Angela
• B) Juan
• C) Edgar
• D) There is not enough information to answer this question.

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