Average Propensity to Consume

question 190

Multiple Choice

Average propensity to consume

• A) is the same as the break-even point.
• B) gives the amount a person changes planned consumption for a change in real disposable income.
• C) is the amount of consumption that is independent of the level of disposable income.
• D) is the proportion of total disposable income that is consumed.

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Definitions:

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A condition in which one or both of the testes fail to descend from the abdomen into the scrotum in males, often corrected with surgery.

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