The Slope of the Saving Function Is Equal to the

question 390

Multiple Choice

The slope of the saving function is equal to the

• A) marginal propensity to save.
• B) marginal propensity to consume.
• C) marginal propensity to consume divided by the marginal propensity to save.
• D) marginal propensity to save divided by the marginal propensity to consume.

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Definitions:

Availability Heuristic

A cognitive shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method or decision.

Sole Responsibility

A situation or task where one person is entirely accountable without sharing duties or blame with others.

Recall

A measure of memory in which the person must retrieve information learned earlier, as on a fill-in-the-blank test.

Availability Heuristic

A cognitive shortcut that depends on the first examples that pop into someone's head when considering a particular topic, concept, strategy, or choice.