Table 23-4 -Refer to Table 23-4

question 102

Multiple Choice

Table 23-4
$$\begin{array} { | c | c | } \hline \begin{array} { c } \text { Consumption } \\\text { (dollars) }\end{array} & \begin{array} { c } \text { Disposable Income } \\\text { (dollars) }\end{array} \\\hline \$ 600 & \$ 1,000 \\\hline 900 & 1,500 \\\hline 1,200 & 2,000 \\\hline\end{array}$$
-Refer to Table 23-4.Given the consumption schedule in the table above,the marginal propensity to consume is

• A)0.5.
• B)0.6.
• C)0.75.
• D)0.8.

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Definitions:

5-card Hands

In card games, specifically poker, it refers to the combination of five cards dealt to a player.

"Face" Cards

In a deck of playing cards, the king, queen, and jack of each suit, which have pictures of faces on them.

Standard Deck

A set of 52 playing cards divided into four suits: hearts, diamonds, clubs, and spades, each containing 13 ranks from Ace through King.

Suit

A set of garments made from the same cloth, usually consisting of at least a jacket and trousers, worn traditionally by men.