If Consumption Expenditures for a Household Increase from $1,000 to $1,800

question 402

Multiple Choice

If consumption expenditures for a household increase from $1,000 to $1,800 when disposable income rises from $1,000 to $2,000, the marginal propensity to consume is

• A) 0.8.
• B) 80.
• C) 1.25.
• D) 0.2.

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The organizational structure of courts that interpret the law, decide lawsuits, and adjudicate criminal offenses, typically organized in a hierarchy from local to supreme courts.

Code of Judicial Conduct

A set of ethical guidelines designed to ensure that judges conduct themselves in a manner that promotes public confidence in the integrity and impartiality of the judiciary.

ABA

An abbreviation for the American Bar Association, a professional organization for attorneys in the United States that provides education, accreditation, and advocacy.

Partisan Judicial Elections

Electoral processes for judges where candidates are affiliated with and often endorsed by political parties.