If the Marginal Propensity to Consume Is 0

question 232

Multiple Choice

If the marginal propensity to consume is 0.75, the marginal propensity to save is

• A)0.25.
• B)0.5.
• C)0.75.
• D)1.
• E)3.

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Definitions:

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A term often used to describe a man who has a very close and dependent relationship with his mother, beyond what is considered usual.

Actor-Observer Effect

The tendency to attribute one’s own behavior primarily to situational factors and the behavior of others primarily to dispositional factors.

Football Scholarship

A financial aid award for students to attend college primarily based on their skills and potential in the sport of football, often covering tuition or other educational expenses.

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Physical or geographic closeness; a major influence on attraction.