Examlex
Dr.Jones claims that there is a g,a general factor for intelligence.In an effort to support his claim,he gave several different tests to many people.Which of the following results would support his claim?
Disposable Income
The sum of funds that families can allocate to expenditure and savings once they've paid their income taxes.
MPC
The marginal propensity to consume, which represents the proportion of an increase in income that is spent on consumption rather than being saved.
Saving
The share of earnings not used for immediate spending but saved or invested for future needs.
Consumption Function
An economic formula representing how consumer spending is related to various factors, including income levels.
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