Twin and Adoption Studies Have Demonstrated That

question 148

Multiple Choice

Twin and adoption studies have demonstrated that

• A) there is no genetic component to temperament.
• B) temperament is entirely due to genetic factors.
• C) identical twins are more similar than are fraternal twins on many aspects of temperament.
• D) stepsiblings are more similar than are biological siblings on many aspects of personality.

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Definitions:

Induced Consumption

Refers to the portion of consumer spending that increases or decreases in response to changes in income.

Disposable Income

The pot of funds households have at their disposal for saving and spending, post-income tax.

MPC

refers to the Marginal Propensity to Consume, which is the fraction of additional income that a household spends on consumption.

Disposable Income

The cash flow available to households for the purposes of spending and saving after income taxes.