Autonomous Consumption Equals $40 Million

question 70

Multiple Choice

Autonomous consumption equals $40 million. When disposable income equals $600 million, planned consumption spending equals $440 million. When disposable income equals $900 million, planned consumption spending equals $640 million. What is the marginal propensity to consume?

• A) .67
• B) .69
• C) .72
• D) -72

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Definitions:

Mass Movements

Large-scale, collective actions aimed at promoting or resisting social, political, or economic change.

Status Quo

The existing state of affairs or current conditions and circumstances in a given context.

Mass Movements

Large and often politically motivated groups of people who come together to effect significant change or resist societal norms, policies, or governments.

Free Space

A term not directly related to a specific academic or professional discipline, thus its definition would depend on the context in which it's used. If used in astronomy, it might refer to the vacuum outside the Earth's atmosphere. In social settings, it can mean an area free from any specific rules or restrictions.