The Table Shows a Consumption Schedule

question 78

Multiple Choice

The table shows a consumption schedule. Refer to the data above. At the $300 level of disposable income:

• A) The marginal propensity to save is .80
• B) The average propensity to consume is .60
• C) The average propensity to save is .30
• D) There is a dissaving of $10

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Definitions:

Lewin Change Model

A workplace change model with three steps; unfreezing the status quo, making changes, then refreezing to the previous work mode.

Holmes-Rahe Readjustment Scale

A tool used to measure the stress level of individuals by assigning points for various life events that might require personal adjustment.

Life Change Units

Measures used in stress research to assess the level of life stress a person is experiencing based on recent life changes.

Stress-related Illness

Stress-related illness refers to physical or mental health issues that are either caused by stress or significantly worsened by it.