In the Table Given Below Y Represent the Aggregate Expenditure

question 92

Multiple Choice

In the table given below Y represent the aggregate expenditure of the economy on C = consumption, I = investment, G = government projects, and X = net exports. Table 9.3
Refer to Table 9.3.At an income level of $300, the average propensity to save equals:

• A)0.10.
• B)0.23.
• C)0.33.
• D)0.67.
• E)1.50.

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Definitions:

Innovation Inertia

The resistance to change or the slowness in adopting new ideas and innovations within an organization.

Departmentalization

A process of grouping people with related job duties, skills, and experiences into different areas within the overall organizational structure.

Span of Control

A management concept that refers to the number of subordinates a supervisor or manager can effectively manage and control.

Bureaucracy

An organizational style characterized by formalized rules and regulation, specialized routine tasks, division of labor, and centralized authority.