The Marginal Propensity to Save Is

question 32

Multiple Choice

The marginal propensity to save is:

• A) Equal to (1 + MPC).
• B) The fraction of each additional dollar of saving that goes to the stock market.
• C) The fraction of each additional dollar of disposable income that goes to saving.
• D) (Total savings)÷ (total disposable income).

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Definitions:

Risk Management

The process of identifying, assessing, and prioritizing risks followed by the application of resources to minimize, monitor, and control the impact of unforeseen events.

Documentation

The process of recording information or evidence systematically, often for legal, medical, or business purposes.

Credentialing

A formal review of the qualifications of a healthcare provider who has applied to participate in a healthcare system or plan.