Marginal Propensity to Consume Is Equal to the Change in ____

question 63

Multiple Choice

Marginal propensity to consume is equal to the change in ____ divided by the change in ____.

• A)​consumption spending; total income
• B)​saving; total income
• C)​saving; disposable income
• D)​consumption spending; disposable income

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Definitions:

Tree-Living Primates

Primates that inhabit and spend most of their lives in trees, known for their adaptations to an arboreal lifestyle.

Apes

Apes are a group of primates that include gibbons, orangutans, gorillas, chimpanzees, and humans, known for their intelligence and in some cases, complex social structures.

Adulthood

The stage of life when an individual is considered to be fully grown and responsible.

Mammals

Warm-blooded vertebrate animals that have hair or fur, produce milk to feed their young, and typically give birth to live offspring.