If the Marginal Propensity to Consume Is 0

question 35

Multiple Choice

If the marginal propensity to consume is 0.80, the marginal propensity to save is:

• A)0.20.
• B)0.15.
• C)1.0.
• D)1.18.

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Definitions:

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An alternative or replacement for someone or something, often used in contexts ranging from education to food products.

Confederate Government

The government formed by the southern states that seceded from the United States from 1861 to 1865.

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The fundamental idea or underlying principle upon which a concept, theory, or system is based.