If the Consumption Function Is Defined as C = 5,500

question 193

Multiple Choice

If the consumption function is defined as C = 5,500 + 0.9Y, what is the marginal propensity to consume?

• A)0.1
• B)0.9
• C)5.5
• D)6.1
• E)$5,500

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Definitions:

Oldfield Mice

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Variants of the melanocortin 1 receptor gene that play a significant role in determining the pigmentation of skin, hair, and eyes in organisms.

Atlantic Coast

Refers to the eastern coastline of the United States and Canada, bordering the Atlantic Ocean.

Gulf Coast

A region along the southeastern coast of the U.S. bordering the Gulf of Mexico, known for its warm climate and significant biodiversity.