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:

Judgments

The mental operation of assessing, forming opinions, or making decisions based on information, reasoning, and/or emotional responses.

Sincerity

The quality of being free from pretense, deceit, or hypocrisy in one's actions or words.

Eye Color

The color of the iris, which can range widely among individuals, including blue, brown, green, and varying shades thereof.

Short-Term Memory

The capacity for holding a small amount of information in an active, readily available state for a short period of time.