Following Is Consumption Schedules for Three Private Closed Economies

question 82

Multiple Choice

Following is consumption schedules for three private closed economies.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars.

-Refer to the above data.The marginal propensity to save:

• A) is highest in economy (1).
• B) is highest in economy (2).
• C) is highest in economy (3).
• D) cannot be determined from the data given.

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Definitions:

Dip-Slip Fault

A type of fault where the movement is mainly vertical, caused by the two sides moving up or down relative to each other.

Strike-Slip Fault

A type of fault where two blocks of the Earth's crust move horizontally past each other, parallel to the fault plane.

Normal Fault

A type of fault where the hanging wall slides downward relative to the footwall due to tensional forces.

Strike And Dip

Geological terms used to describe the orientation of rock layers, with strike indicating the direction of the layer's horizontal angle and dip indicating its vertical angle.