The Marginal Propensity to Consume Is Defined to Be

question 6

Multiple Choice

The marginal propensity to consume is defined to be

• A)the change in desired consumption divided by the change in saving.
• B)the change in desired consumption divided by total disposable income.
• C)the change in desired consumption divided by the change in disposable income.
• D)total desired consumption divided by total disposable income.
• E)total desired consumption divided by the change in disposable income.

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Definitions:

Oxyacetylene Torch

A tool used for cutting, welding, and brazing metals by burning a mixture of oxygen and acetylene gas, producing a very hot flame.

Neutral Flame

A specific flame condition in oxy-fuel welding where the oxygen and fuel gas are in perfect balance, producing a clean and efficient heat source.

Carburizing Flame

A type of flame used in welding and metalworking characterized by a high carbon content, used to harden steel by enhancing its surface carbon concentration.

Torque

A gauge of the power capable of making an object spin around a central line.