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To Require All Elements to Be Qualified but Not All

question 49

Multiple Choice

To require all elements to be qualified but not all attributes, you enter the following code into the schema element:

elementFormDefault= ”qualified”
attributeFormDefault= ”_____”>
...


Definitions:

APC (Average Propensity to Consume)

The fraction of income that is spent on consumption as opposed to savings.

Disposable Income

The amount of money available to households for making purchases and savings after the removal of income taxes.

Saving

The act of setting aside a portion of current income for future use, or the portion of income not spent on current expenditures.

MPC (Marginal Propensity to Consume)

The proportion of additional income that is spent on consumption.

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