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