The Marginal Propensity to Consume (MPC) Is the Change in Consumption

question 52

True/False

The marginal propensity to consume (MPC) is the change in consumption divided by the change in saving.

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Definitions:

Compounds

Substances formed from two or more elements that are chemically combined in fixed ratios.

Molecular Formula

A notation representing the number and type of atoms in a molecule without indicating how the atoms are bonded.

Line-Angle Structure

A simplified diagrammatic representation of chemical structures where the ends and bends of lines represent carbon atoms.

Condensed Formulas

A method of writing a formula for organic molecules in a linear form that shows the arrangement of atoms without displaying bonds.