Which of the Following Statements Concerning the Effects of Demographics

question 79

Multiple Choice

Which of the following statements concerning the effects of demographics on consumption is not true?

• A)The size of the population affects the slope of the consumption function.
• B)The age of the population affects the slope of the consumption function.
• C)Other things equal, the level of consumption will rise with increases in population.
• D)Younger households tend to have higher MPCs than older households.
• E)Older households tend to have higher MPSs than younger households.

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Definitions:

Historical Information

Data or facts about past events and contexts that can be used for understanding the present or predicting future trends.

Mental Disorder

A condition characterized by significant disturbance in an individual's cognition, emotion regulation, or behavior, often associated with distress or impaired functioning.

Borderline Personality Disorder

A mental health disorder characterized by unstable moods, behavior, and relationships, often resulting in significant emotional distress.

Bipolar Disorder

A mental health condition characterized by extreme mood swings that include emotional highs (mania or hypomania) and lows (depression).