The Marginal Propensity to Consume Is the

question 62

Multiple Choice

The marginal propensity to consume is the

• A) fraction of an extra dollar of GDP that becomes disposable income.
• B) share of GDP spent by households and businesses.
• C) proportion of an extra dollar of disposable income that is spent on consumption.
• D) reciprocal of the average propensity to consume.
• E) fraction of disposable income that is consumed.

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Definitions:

Open Threat

A clear and explicit warning or indication of the intention to cause harm or engage in hostile actions.

Professional Coverage

Insurance or protection provided to professionals against potential lawsuits or claims arising from their professional practice.

Defamation of Character

The act of damaging the reputation of a person through false and malicious statements.

Publishing

The business or process of producing and distributing books, journals, music, or software to the public for sale or free distribution.