Table 23-4 -Refer to Table 23-4

question 182

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 save is

• A)0.3.
• B)0.4.
• C)0.5.
• D)0.6.

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Definitions:

Peer Rejection

The process or state of being excluded and not accepted by one's contemporaries or peers.

Effects

Consequences or outcomes that result from a specific cause or action.

Self-Esteem

A person's overall subjective sense of personal worth or value.

African American

A racial or ethnic group in the United States with ancestral ties to Africa.