The Smaller the Marginal Propensity to Save,other Things Constant,_____

question 146

Multiple Choice

The smaller the marginal propensity to save,other things constant,_____.

• A)the smaller the marginal propensity to consume
• B)the larger the multiplier
• C)the smaller the multiplier
• D)the flatter the consumption function
• E)the steeper the saving function

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Definitions:

Stepmothers

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Biological Children

Children who are genetically related to their parents, as opposed to children who are adopted or stepchildren.

Conflicting Goals

The situation where different objectives or desired outcomes are at odds with each other, leading to disagreement or compromise.

Family Lifecourse

A perspective focusing on the stages and transitions individuals and families go through over time, such as marriage, parenthood, retirement.