If the Average Propensity to Consume Is 0

question 103

Multiple Choice

If the average propensity to consume is 0.8, then the average propensity to save is

• A)0.
• B)0.2.
• C)0.8.
• D)1.

Distinguish between legal and equitable remedies available in contract disputes.

Comprehend the requirements and purpose of mitigation of damages in breach of contract scenarios.

Identify the conditions under which specific performance and injunctive relief may be granted by courts.

Understand the limitations and exclusions of certain contractual remedies, including the unavailability of punitive damages in most breach of contract cases.

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