-In the Above Table, the Marginal Propensity to Consume When

question 27

Multiple Choice

-In the above table, the marginal propensity to consume when disposable income changes from $5,000 to $6,000 is

• A)0.8.
• B)0.75.
• C)0.6.
• D)0.5.

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Definitions:

Experimental Design

A methodology for conducting research that involves planning, conducting, and evaluating experiments to test hypotheses.

Correlations

Statistical measures that describe the extent to which two or more variables move together, without necessarily implying causation.

Internal Validity

The degree to which an experimental design is capable of eliminating confounding variables, ensuring that the results can be confidently attributed to the cause-and-effect relationship being tested.

Repeated Testing

In experimental design, a threat to internal validity due to participants becoming more and more familiar with a test.