Marginal Propensity to Consume

question 121

Multiple Choice

Marginal propensity to consume:

• A) is the change in production resulting from a given change in disposable income.
• B) shows the amount households want to spend on goods and services at different levels of disposable income.
• C) is the change in consumption resulting from a given change in disposable income.
• D) is the change in saving resulting from a given change in disposable income.

---

Definitions:

Team Effectiveness

The degree to which a team achieves its goals, meets its members' needs, and sustains its performance over time.

Continuous Improvement

An ongoing effort to enhance products, services, or processes through incremental adjustments or innovations.

Employee Participation

Employee participation involves engaging employees in decision-making processes within an organization, leading to increased motivation and commitment.

Team Building

Activities and exercises designed to strengthen relationships and improve cooperation among team members.