Marginal Propensity to Consume

question 121

Multiple Choice

Marginal propensity to consume:

• A) is the change in production resulting from a given change in disposable income.
• B) shows the amount households want to spend on goods and services at different levels of disposable income.
• C) is the change in consumption resulting from a given change in disposable income.
• D) is the change in saving resulting from a given change in disposable income.

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Definitions:

Impressions

The count of how many times an advertisement or digital content is displayed.

Follow-Up Letter

A correspondence sent to inquire or remind about a matter previously addressed, ensuring continuity in communication.

Legal Claim

A formal assertion of a right against a party that may result in legal action.

Factual Evidence

Information and material that is presented in court to support the truth or falsehood of a claim, consisting of tangible items and eyewitness testimony.