If Marginal Propensity to Save Equals 0

question 85

Multiple Choice

If marginal propensity to save equals 0.50,then the marginal propensity to consume is:

• A)1.25.
• B)0.50.
• C)0.70.
• D)1.00.

---

Definitions:

Psychological Tests

Standardized measures designed to evaluate various aspects of a person's mental health, intelligence, abilities, or personality.

Normal Curve

A symmetrical, bell-shaped curve that represents the distribution of many types of data where most values cluster around a central mean.

Bell Curve

A graphical depiction of a normal distribution, showing how the frequency of an event's occurrence varies in relation to its deviation from the mean.

Population

The total number of individuals or organisms residing within a particular geographical area or belonging to a specific category.