If a Person's Consumption Goes from $8 000 to $12

question 170

Multiple Choice

If a person's consumption goes from $8 000 to $12 000 when her disposable income goes from $10 000 to $20 000,what is her MPC equal to?

• A)0.4
• B)0.6
• C)0.75
• D)0.8

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Definitions:

Arctic Tundra

High-latitude Northern Hemisphere biome, where low, cold-tolerant plants survive with only a brief growing season.

Emergent Property

A characteristic of a system that does not appear in any of the system’s component parts.

Biological Species Concept

A definition of species as groups of interbreeding natural populations that are reproductively isolated from other such groups, emphasizing the role of sexual reproduction in maintaining species integrity.

Geographical Barriers

Natural formations or features that isolate ecosystems or populations, influencing the distribution and evolution of species.