__________ Is the Ability to Order Items Along a Quantitative

question 361

Multiple Choice

__________ is the ability to order items along a quantitative dimension such as length or weight.

• A) Classification
• B) Seriation
• C) Realism
• D) Conservation

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Definitions:

Disposable Income

The amount of income left for spending or saving after taxes and other deductions have been subtracted.

Saving

The act of setting aside a portion of one’s income for future use, instead of spending it immediately.

Disposable Income

After subtracting income taxes, disposable income is the money remaining for individuals or households to spend or save.

MPC

The marginal propensity to consume, indicating the proportion of an additional unit of income that is spent on consumption.