The Ratio of a Change in Consumption to a Change

question 13

Multiple Choice

The ratio of a change in consumption to a change in income is the:

• A) consumption function.
• B) propensity to consume.
• C) average propensity to consume.
• D) extra propensity to consume.
• E) marginal propensity to consume.

---

Definitions:

Weak Relationship

Describes a connection or correlation between two variables or entities that shows minimal interdependence or association.

Correlation Coefficient

A numerical measure that indicates the extent to which two variables fluctuate together.

Strength

The quality or state of being physically strong, or the capacity to endure or withstand difficult conditions.

Direction of Relationship

In research, refers to how one variable influences or is associated with changes in another variable, indicating whether the relationship is positive or negative.