If the Consumption Function Is Defined as C = 7,250

question 237

Multiple Choice

If the consumption function is defined as C = 7,250 + 0.8Y, what is the marginal propensity to save?

• A)0.2
• B)0.25
• C)0.8
• D)5.8
• E)9.1

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Definitions:

Conditional Expression

An expression in programming that will evaluate to true or false, often used to control the flow of execution in software.

Bang Notation

A programming syntax used in some languages like Visual Basic to access properties, methods, or objects, typically represented by an exclamation mark (!).

Before Update

A term used in database management and programming to refer to actions or triggers that occur immediately before data in a database is updated.

Expression Builder

A tool within database and programming environments that helps users create complex expressions without writing code manually.