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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?


Definitions:

Syncretism

The creative blending of indigenous and foreign beliefs and practices into new cultural forms.

Indigenous

Peoples who are the original inhabitants of a region and have distinct cultural, social, and historical ties to their territory.

Ethnocide

The deliberate and systematic destruction of the culture of an ethnic group, often alongside physical genocide or as part of colonial or oppressive policies.

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