When Income Is $100 Billion, Consumption Spending Is $75 Billion

question 35

Multiple Choice

When income is $100 billion, consumption spending is $75 billion. When income is $120 billion, consumption spending is $89 billion. What is the marginal propensity to consume?

• A) .7
• B) .3
• C) 2
• D) 1.4

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Definitions:

Sexist Language

Language that discriminates against or stereotypes people based on their gender, often by making one gender seem superior or by excluding others.

Restrictive Modifier

A word, phrase, or clause that limits or defines more closely the meaning of another element in a sentence, making it more specific.

Punctuation

Punctuation consists of symbols and marks used in writing to separate sentences and their elements, clarifying meaning and enhancing readability.

Parallel Structure

A grammatical or structural consistency within a text or series of sentences where similar parts of a sentence are expressed using the same pattern of words to show that two or more ideas have the same level of importance.