If the Average Propensity to Consume Is 0

question 11

Multiple Choice

If the average propensity to consume is 0.75, then the average propensity to save is

• A) 1.25
• B) 0.25.
• C) 0.75.
• D) 1.33.

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Definitions:

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The common people of a democracy, who hold the power to make decisions through voting.

Spirit of '76

An iconic symbol of American patriotism, representing the fervor and zeal for independence and freedom during the Revolutionary War era.

Amendments

Formal changes or additions made to the U.S. Constitution or other legal documents, requiring a specific legislative or ratification process.