(Table)In the Table,the Marginal Propensity to Consume Is ________ and the Average

question 171

Multiple Choice

(Table) In the table,the marginal propensity to consume is ________ and the average propensity to consume ________. Income
Consumption Spending
Saving
$30,000
$30,000
$0
40,000
35,000
5,000
50,000
40,000
10,000

• A) 0.5;varies with the level of income
• B) $5,000;is $5,000
• C) $10,000;is $35,000
• D) 2;varies with the level of income

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Definitions:

Interpersonal Relationships

The close connections and associations between individuals, influenced by the ways in which they communicate, interact, and behave towards each other.

Employee Attitudes

The feelings and beliefs held by employees towards their work, workplace, and colleagues.

Management Function

The roles or actions performed by managers to plan, organize, lead, and control an organization's resources towards achieving specific goals.