If the Marginal Propensity to Save Is 0

question 270

Multiple Choice

If the marginal propensity to save is 0.4 and disposable income increases from $1,000 to $2,000, saving will increase

• A) $100.
• B) $200.
• C) $300.
• D) $400.

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Definitions:

Or San Michele

A church and a former grain market located in Florence, Italy, known for its architecture and the façade that contains niches with statues of saints made by famous sculptors.

Donatello

A Florentine sculptor of the Renaissance, well-known for his life-like sculptures and innovative techniques, including the development of relief sculpture.

Equestrian Statue

A statue representing a figure, typically historical or legendary, riding a horse, symbolizing leadership and valor.

Gattamelata

A renowned bronze equestrian statue created by the sculptor Donatello, depicting the condottiero Erasmo da Narni.