If Real Disposable Income Increases, the Average Propensity to Save

question 96

Multiple Choice

If real disposable income increases, the average propensity to save will

• A) initially increase, and then decrease.
• B) remain constant.
• C) increase.
• D) decrease.

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Definitions:

Androcentrism

A perspective or practice that places male human beings or masculinity at the center of one's worldview, implicitly regarding them as the norm.

Womanism

A social theory focusing on the experiences and struggles of women, especially women of color, emphasizing ethnicity, gender equality, and social justice.

Pro-feminism

An attitude or movement that supports feminism and its efforts to address and fight gender inequalities, often adopted by individuals regardless of gender.

Ethnic Minorities

Groups within a larger society that have distinct cultural, linguistic, or racial characteristics different from the majority population.