Refer to the Given Data for a Hypothetical Economy

question 76

Multiple Choice

$$\begin{array} { | c | r | } \hline \text { Disposable Income } & \text { Saving } \\\hline \$ 0 & - \$ 10 \\\hline 50 & 0 \\\hline 100 & 10 \\\hline 150 & 20 \\\hline 200 & 30 \\\hline\end{array}$$ Refer to the given data for a hypothetical economy. The marginal propensity to consume is

• A) 0.80.
• B) 0.75.
• C) 0.20.
• D) 0.25.

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Definitions:

Apples

Apples are a type of fruit that grow on the apple tree, known scientifically as Malus domestica, and are widely cultivated for their sweet taste and nutritional benefits.

Oranges

A citrus fruit known for its round shape, orange skin, and juicy flesh, often consumed fresh or as juice.

Borda Count

A voting method that assigns points based on the order of preference, determining the winner by the total points received.

Rank

The relative position or standing of someone or something in a hierarchy, based on importance or achievement.