The Slope of the Consumption Function Equals the

question 22

Multiple Choice

The slope of the consumption function equals the

• A)MPC
• B)MPS
• C)APC
• D)APS
• E)ratio of the APC to the APS (i.e.,APC divided by APS)

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Definitions:

State-Dependent Learning

The principle that information learned in a particular state of mind can more easily be recalled when in the same state.

Recall Tests

Memory tests in which participants are asked to remember and reproduce information without cues.

Judgments

The mental operation of assessing, forming opinions, or making decisions based on information, reasoning, and/or emotional responses.

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The quality of being free from pretense, deceit, or hypocrisy in one's actions or words.