If the Consumption Function Is Expressed as C = a

question 64

Multiple Choice

If the consumption function is expressed as C = a + mpc × YD,then "mpc" represents

• A)autonomous consumer expenditure.
• B)the marginal propensity to consume.
• C)the expenditure multiplier.
• D)disposable income.

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Definitions:

Sperm Cell

A male reproductive cell or gamete that is crucial for fertilization and the creation of a new organism.

Ovum

The female reproductive cell or egg in animals and plants, which can fuse with a male sperm to form a zygote.

Conception

The process of becoming pregnant involving fertilization and the implantation of an embryo in the womb.

Amniocentesis

Amniocentesis is a medical procedure used in prenatal diagnosis, where a small amount of amniotic fluid, which contains fetal tissues, is extracted from the amnion or amniotic sac surrounding a developing fetus, to test for genetic conditions or other fetal infections.