The Slope of the Consumption Function Is Equal to the

question 31

Multiple Choice

The slope of the consumption function is equal to the

• A) average propensity to consume.
• B) marginal propensity to consume.
• C) rate of interest.
• D) saving function.
• E) multiplier.

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Definitions:

Substitution

A chemical reaction in which an atom or group of atoms in a molecule is replaced by another atom or group.

Methanol/Water

A mixture of methanol and water, often used as a solvent or reactant in various chemical reactions.

Phenyl-Ethylamine

A natural monoamine alkaloid often associated with mood elevation and love due to its presence in chocolate.

Dimethylcyclopentane

A chemical compound consisting of a cyclopentane ring with two methyl groups attached to it.