The Fraction of an Increase in Income That Is Saved

question 117

Multiple Choice

The fraction of an increase in income that is saved is referred to as the _____.

• A)marginal propensity to save
• B)average propensity to save
• C)marginal propensity to consume
• D)average propensity to consume
• E)saving-consumption ratio

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Definitions:

Pictorial Cues

Patterns that can be represented on a flat surface in order to create a sense of a three-dimensional object or scene.

Motion Parallax

A depth cue that involves the apparent relative motion of objects as the observer moves, aiding in the perception of depth.

Interposition

A visual cue that occurs when one object partially covers or overlaps another object, creating a perception of depth.

Observer Movement

In experimental research, this term describes the actions or movements made by an observer, which can potentially influence the subject's behavior.