If a Household's Disposable Income Increases from $50, 000 to $100

question 45

Multiple Choice

If a household's disposable income increases from $50, 000 to $100, 000 and its consumption increases from $40, 000 to $80, 000, the MPS must be _____.

• A)0.4
• B)0.8
• C)0.7
• D)0.2
• E)0.5

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Definitions:

Delete

To remove or erase text, files, or other data from a digital device or document.

Insertion Point

The insertion point is a cursor in a graphical user interface that indicates where text, characters, or other data will be inserted within a file or document.

F2

A function key used to rename a selected file or folder in many operating systems and applications, and also serves other functions in different contexts.

Field

A specific area allocated for a particular piece of data in databases or data collection forms, such as name, address, or phone number.