-Using the Data in Above Table, the Marginal Propensity to Consume

question 43

Multiple Choice

-Using the data in above table, the marginal propensity to consume is

• A) increasing as disposable income increases.
• B) equal to 1.0 when disposable income equals $600.
• C) constant at 0.75.
• D) constant at 0.25.

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Beings who are capable of making ethical decisions and understanding the difference between right and wrong.

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Institutional justice refers to the fairness and equality upheld within the structures and systems of institutions, including laws, policies, and their implementation.

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The state of being equal, especially in status, rights, and opportunities.

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Referring to individuals or groups that are most disadvantaged or lacking in resources, opportunities, and support in a society.