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If Consumption Increases by $9 When Disposable Income Increases by $10,the

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If consumption increases by $9 when disposable income increases by $10,the marginal propensity to consume is equal to


Definitions:

Novel Stimuli

New or unfamiliar objects, events, or situations that attract attention and may elicit responses from an individual or a system.

Motivation

The psychological processes that arouse and direct goal-oriented behavior.

Maslow's Hierarchy

is a psychological theory proposing that human needs are arranged in a hierarchy, from basic physiological needs to the need for self-actualization.

Valenced Reactions

Emotional responses that are categorized as either positive or negative in nature, influenced by personal experiences, attitudes, and perceptions.

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