Suppose Erin Receives an Inheritance Worth $50,000

question 48

Multiple Choice

Suppose Erin receives an inheritance worth $50,000. If her MPC is 0.75, how much of the additional $50,000 that Erin earns will be spent?

• A) $50,000
• B) $12,500
• C) $37,500
• D) $40,000

---

Definitions:

Helping Process

The helping process is a series of steps or stages through which a professional helper assists a client in resolving issues or improving well-being.

Independence

The state of being free from outside control or not depending on another's authority.

Goal Setting

The process of identifying specific, measurable, achievable, relevant, and time-bound objectives that guide your actions and decisions.

Strategies

Comprehensive plans or sets of tactics designed to achieve specific goals or solve particular problems.