The Size of the Marginal Propensity to Save

question 190

Multiple Choice

The size of the marginal propensity to save

• A) is negative if dissaving is present.
• B) is between 0 and 1.
• C) equals 1.
• D) exceeds 1.

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Definitions:

Descriptive Statistics

Statistical methods that summarize and organize characteristics of data sets, such as mean, median, mode, and range.

Variability

The extent to which data points in a statistical distribution or data set diverge from the average or mean value.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the average.