Which of the Following Was Not  a Reason Why West

question 13

Multiple Choice

Which of the following was not  a reason why West Indian planters turned to slave labor?

• A)Potential immigrants in England grew wary of the labor regime in the West Indies.
• B)African slaves were more cost effective than indentured servants.
• C)The English believed African slaves were better laborers because they were accustomed to hotter climates.
• D)African slaves were less cost effective than indentured servants, but they worked harder.
• E)None of these are correct.

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Definitions:

Marginal Propensity

This measures the likelihood of an individual or entity to spend an additional unit of currency. Specifically, it assesses how changes in income affect spending or saving habits.

Average Propensity

The ratio of total spending (consumption or saving) to total income, indicating how income is distributed across different economic activities.

Marginal Propensity

The measure of how much consumption changes with a change in disposable income, indicating the proportion of additional income that is spent on consumption.

Consumption Spending

The total value of all goods and services consumed by households over a specified period.