The Equation for Marginal Propensity to Consume Is

question 12

Multiple Choice

The equation for marginal propensity to consume is:

• A) Consumption / income
• B) Consumption / sales
• C) Change in consumption / change in income
• D) Change in consumption / total income

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Definitions:

Neural Tube

The precursor to the central nervous system in embryonic development, eventually forming the brain and spinal cord.

Nature

An individual’s biological inheritance, especially genes.

Nurture

An individual’s environmental and social experiences.

Environmental

Relating to the natural world and the impact of human activity on its condition.