If Autonomous Consumption Rises by $60 And,as a Result,Real GDP

question 20

Multiple Choice

If autonomous consumption rises by $60 and,as a result,Real GDP rises by $240,then the marginal propensity to consume is

• A)0.25.
• B)0.75.
• C)0.05.
• D)0.95.
• E)none of the above

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Definitions:

Genetic Information

The instructions encoded in the DNA and genes of an organism for development, functioning, growth, and reproduction.

Nucleus

A membrane-bound organelle found in eukaryotic cells, containing most of the cell's genetic material.

Chromosome

The structure that transmits the genetic material from one generation to the next; composed of condensed chromatin; each species has a particular number of chromosomes that is passed on to the next generation.

Gene

A unit of heredity that is transferred from a parent to offspring and is held to determine some characteristic of the offspring.