The Marginal Propensity to Consume Is

question 2

Multiple Choice

The marginal propensity to consume is

• A) identical to the average propensity to consume
• B) the inverse of the marginal propensity to save
• C) the slope of the consumption function
• D) the inverse of the expenditure multiplier
• E) equal to the income tax rate

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Definitions:

Cecum

The beginning of the large intestine, a pouch connected to the junction of the small and large intestines.

Small Intestine

The part of the gastrointestinal tract between the stomach and large intestine, where most of the digestion and absorption of nutrients takes place.

Jejunum

The middle section of the small intestine, where the majority of nutrient absorption occurs.

Ileum

The final and longest segment of the small intestine, responsible for the absorption of nutrients and vitamins.