If a $1,000 Increase in Income Leads to a $750

question 262

Multiple Choice

If a $1,000 increase in income leads to a $750 increase in consumption expenditures, then the marginal propensity to consume is

• A)0.75 and the multiplier is 1 1/3.
• B)0.75 and the multiplier is 4.
• C)0.25 and the multiplier is 1 1/3.
• D)0.25 and the multiplier is 4.

Distinguish between fundamental evolutionary divergences such as prokaryotes vs. eukaryotes.

Identify the characteristics of different taxonomic classes and the basis for their classification.

Analyze the importance of phylogenetic systematics and cladistics in understanding evolutionary relationships.

Explain the concept of convergent and divergent evolution with examples.

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