If You Fit a Line Through a Scatter Diagram of Points

question 94

Multiple Choice

If you fit a line through a scatter diagram of points that represent coordinates of consumer spending and disposable income, the slope of this line will equal the

• A)propensity to consume 
• B)variable propensity to consume.
• C)marginal propensity to consume.
• D)average propensity to consume.

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Definitions:

Legal Detriment

A loss or disadvantage that occurs to one party in a contract, considered a necessary component for a valid contractual agreement.

UCC

Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.

Seal

A device used to impress or mark documents as a form of authentication or to signify agreement.

Charitable Pledges

Promises or commitments to donate a specific amount of money to a charity or for a philanthropic cause.