The Marginal Propensity to Save Is Defined as

question 295

Multiple Choice

The marginal propensity to save is defined as

• A)saving divided by disposable income.
• B)disposable income divided by saving.
• C)the change in saving divided by the change in disposable income.
• D)the change in disposable income divided by the change in saving.
• E)the portion of additional income that is saved.

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Definitions:

Welfare Reform

Legislative changes intended to improve the efficiency and effectiveness of welfare systems, often by promoting work capability among beneficiaries and reducing dependency.

Personal Responsibility Act

A legislative measure aimed at encouraging individuals to take responsibility for their actions, often in the context of welfare reform or healthcare legislation.

Social Security

A government program that provides financial assistance to people with inadequate or no income, especially the elderly and disabled.

Progressive

Referring to the support for or advocacy of improvements or reform in societal practices, often with a focus on social justice, equality, and modernization.