Scenario 24-2

question 142

Multiple Choice

Scenario 24-2.The following facts apply to a small,imaginary economy.
• Consumption spending is $5,200 when income is $8,000.
• Consumption spending is $5,536 when income is $8,400.
-Refer to Scenario 24-2.The marginal propensity to consume for this economy is

• A) 0.650.
• B) 0.659.
• C) 0.650 or 0.659,depending on whether income is $8,000 or $8,400.
• D) 0.840.

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Definitions:

Transverse Plane

An imaginary plane that divides the body into superior and inferior parts, often used in anatomical and medical contexts.

Horizontal Plane

A plane that divides the body into upper and lower parts.

Lymphatic System

A network of tissues and organs that help rid the body of toxins, waste and other unwanted materials, integral to the immune system.

Lymph Nodes

Small, bean-shaped structures in the lymphatic system that act as filters for harmful substances.