Scenario 34-2

question 89

Multiple Choice

Scenario 34-2.The following facts apply to a small,imaginary economy.
• Consumption spending is $6,720 when income is $8,000.
• Consumption spending is $7,040 when income is $8,500.
-Refer to Scenario 34-2.The marginal propensity to consume for this economy is

• A)0.64.
• B)0.83.
• C)0.56.
• D)0.840.

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Definitions:

Disadvantages

The negative or less favorable aspects of a situation, decision, or condition that may pose challenges or reduce effectiveness.

Roberts Apperception Test

A projective psychological test designed to measure social understanding and identify emotional disturbances in children and adolescents through their responses to a series of pictures.

Examinees

Individuals who are taking an examination or test.

Pictures

can be used as visual aids or stimuli in various research or educational settings to evoke responses or assist in data collection.