If You Save $80 When You Experience a $400 Rise

question 6

Multiple Choice

If you save $80 when you experience a $400 rise in your income,

• A) your MPS is 0.25.
• B) your MPC is 0.80.
• C) your MPC is 0.85.
• D) your MPS is 0.40.

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Definitions:

Lifestyle Choices

Decisions and actions taken by individuals that affect their way of living, health, and well-being.

Legislators

Elected officials who have the authority to create, amend, and enact laws within a governmental system.

Sin

An act viewed as a transgression against divine law or moral principles, often rooted in religious belief.

Leprosy

A chronic infectious disease caused by Mycobacterium leprae, characterized by the development of disfiguring skin sores and nerve damage in the arms, legs, and skin areas around the body.