The Marginal Propensity to Consume (MPC) Is

question 405

Multiple Choice

The marginal propensity to consume (MPC) is

• A) the rate at which real consumption spending changes over time.
• B) the percentage of real disposable income saved.
• C) the percentage of real disposable income consumed.
• D) the percentage of an additional dollar of real disposable income that will go toward additional real consumption spending.

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Definitions:

Biased Tutoring Centers

Educational facilities that may favor certain methodologies, ideologies, or student demographics over others, potentially influencing the delivery and reception of tutoring.

Strongly Prefer

An intense or significant inclination for one option or item over others, often based on comparisons of utility or satisfaction.

Labor-Market Discrimination

Unfair treatment of workers based on gender, race, age, or other characteristics unrelated to their job performance.

Wage Increase

A rise in the amount of money workers are paid per unit of time.