The Marginal Propensity to Consume Is Calculated as

question 70

Multiple Choice

The marginal propensity to consume is calculated as

• A)consumption expenditure divided by the change in disposable income.
• B)the change in consumption expenditure divided by disposable income.
• C)consumption expenditure divided by total disposable income.
• D)the change in consumption expenditure divided by saving.
• E)the change in consumption expenditure divided by the change in disposable income.

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Definitions:

Unemployed Classification

The categorization of individuals who are not currently working but are actively seeking employment and are available to start work.

Utilizes Skills

Refers to the effective use or application of individuals' abilities and competencies in professional or practical tasks.

Fashion Model

An individual employed to display clothing, accessories, or other fashion items by wearing them for the purpose of advertising or showcasing them in various media.

Actively Seeking Employment

A status where an individual is without a job but is searching for employment and is currently available to work.