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question 54

Multiple Choice

Use the following to answer the questions below:
For each of the heterocyclic bases, choose a correct characterization from the response list. Responses may be used more than once or need not be used at all.

-Guanine


Definitions:

MPS (Marginal Propensity to Save)

The proportion of an increase in income that an individual or population saves rather than spends on consumption.

APC (Average Propensity to Consume)

The fraction of income that households plan to spend on goods and services; it is the ratio of total consumption to total disposable income.

Disposable Income

Refers to the amount of money that households have available for spending and saving after income taxes have been accounted for.

APS (Average Propensity to Save)

The fraction of total income that is saved by the average household.

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