Given the Equations for C,I,G,and NX Below,what Is the Marginal

question 259

Multiple Choice

Given the equations for C,I,G,and NX below,what is the marginal propensity to consume? C = 2,000 + 0.9Y
I = 2,500
G = 3,000
NX = 400

• A)-0.1
• B)0.1
• C)0.9
• D)2000

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Definitions:

Social Class

A division of a society based on social and economic status, affecting individuals' lifestyles, education, economic power, and political influence.

Education Level

Refers to the highest degree or level of school completed by an individual, often used as a measure in demographic studies and analyses of social outcomes.

Intergenerational Mobility

Movement between social classes that occurs from one generation to the next.

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A specified area of expertise or work in which individuals engage, often requiring specialized education or training.