Which of the Following Is Not Another Way of Describing

question 113

Multiple Choice

Which of the following is not another way of describing the marginal propensity to consume?

• A) MPC
• B) The slope of the consumption function
• C) The change in real consumption spending divided by the change in real disposable income
• D) The amount by which real consumption spending rises when real disposable income increases by one dollar
• E) Autonomous consumption spending.

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Definitions:

Coercive Power

The ability of an individual or group to compel or control actions of others through the threat of punishment or the implementation of sanctions.

Informational Power

Influence over others derived from the possession or access to valuable information.

Milgram

Refers to Stanley Milgram, a psychologist known for his experiment on obedience, demonstrating how far individuals would go to obey an authority figure.

Authoritarian Persons

Authoritarian Persons possess a personality type characterized by strict obedience to authority, favoring order and structure over personal freedom.