If Consumption Increases by $8 When Disposable Income Increases by $10,the

question 31

Multiple Choice

If consumption increases by $8 when disposable income increases by $10,the marginal propensity to consume is equal to

• A) 0.2.
• B) 0.8.
• C) 2.0.
• D) 8.0.
• E) 10.0.

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Definitions:

Analogue

Something that is similar or comparable in function or effects to something else, though differing in nature or origin.

ABAB

A research design involving repeated measurements over time wherein a participant receives an intervention, returns to baseline, and then receives the intervention again.

Case

An instance or occurrence of a particular situation or example being investigated or examined.

Informed Consent

A process ensuring that a person fully understands the details and implications before agreeing to participate in any procedure or treatment.