The Average Propensity to Consume Is

question 91

Multiple Choice

The average propensity to consume is

• A) real consumption expenditures divided by real disposable income.
• B) real disposable income divided by real consumption expenditures.
• C) real consumption expenditures divided by real saving.
• D) real saving divided by real consumption expenditures.

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Definitions:

Cytoplasm

The jelly-like substance within a cell enclosed by the cell membrane, containing all organelles and cell parts.

Nucleus

Of an atom, central core area occupied by protons and neutrons. Of a eukaryotic cell, organelle with a double membrane that holds the cell’s DNA.

Nitrogenous Base

A molecule found in DNA and RNA that encodes the genetic information in cells.

DNA

A molecule comprising nucleotide chains that encode genetic information vital for the development, functioning, and reproduction of all living organisms and many viruses.