What Is the Major Product of the Following Reaction Sequence

question 75

Multiple Choice

What is the major product of the following reaction sequence?

• A) I
• B) II
• C) III
• D) IV
• E) V

---

Definitions:

Induced Consumption

Refers to the portion of consumer spending that increases or decreases with disposable income.

Disposable Income

Net funds allocated to households for their spending and saving post the application of income taxes.

Consumption

Consumption is the act of using goods and services by households or individuals.

MPS

Marginal Propensity to Save, expressing the portion of additional income that a household saves rather than spends.