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.At an income level of $400 billion,the average propensity to save in economy (2) is:
Definitions:
Psychoanalytic Principles
Fundamental concepts and theories from psychoanalysis that describe the unconscious mind's impact on behavior, emphasizing childhood experiences and sexual drives.
Existential Principles
Fundamental concepts in existential philosophy and therapy that deal with human existence, freedom, responsibility, and the search for meaning.
Behaviorist Principles
A theory in psychology that emphasizes the role of environmental factors in influencing behavior, suggesting that all behaviors are acquired through conditioning.
Binet
A reference to Alfred Binet, a French psychologist who, along with his colleague Théodore Simon, developed the first intelligence test in the early 20th century.
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