The Marginal Propensity to Save Is Equal To

question 102

Multiple Choice

The marginal propensity to save is equal to:

• A) 1 - MPC.
• B) 1 - multiplier.
• C) 1 ÷ MPC.
• D) (Total savings)÷ (total disposable income).

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Definitions:

Cranking Current

The current drawn by an engine's starter motor during the cranking, or starting, process.

Hold-in Windings

Electromagnetic windings used to maintain the position of a movable armature or to hold a device in a certain position.

Starter Relay

The magnetic switch that when energized by the starter control circuit closes the high-current cranking circuit. Also known as magnetic switch or mag switch.

Sub-zero Conditions

Environments or temperatures below 0°C (32°F), often requiring special considerations for materials and equipment.