If Consumption Is Defined as C = 2,000 + 0

question 14

True/False

If consumption is defined as C = 2,000 + 0.8Y,then the marginal propensity to save is 0.8.

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Definitions:

Motivation

The reason or reasons one has for acting or behaving in a particular way; the drive to achieve goals.

Organizational Citizenship

The voluntary commitments beyond an employee's required tasks that help to improve organizational performance.

Formal Job Duties

Officially assigned tasks and responsibilities that are part of one's employment role.

Organizational Citizenship Behavior

Voluntary actions employees do to help others and benefit the organization beyond their job requirements.