-Refer to the Above Table

question 350

Multiple Choice

-Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What is the value of the average propensity to save when real disposable income equals $400?

• A) -0.45
• B) 0.69
• C) 0.7
• D) 1.45

---

Definitions:

Autonomy

the capacity to make an informed, uncoerced decision; often referring to one's independence or self-governance.

Relatedness

The need to feel connected and involved with others; it's a fundamental psychological component of human motivation according to some theories.

Self-determination Theory

A theory of motivation that suggests people are most motivated when they feel autonomous, competent, and related to others.

Human Agency

The capacity of individuals to act independently and make their own free choices.