If You Earn an Additional $200 in Disposable Income One

question 257

Multiple Choice

If you earn an additional $200 in disposable income one week for feeding your neighbor's ferret,

• A) the total of your consumption and saving will increase by more than $200.
• B) the total of your consumption and saving will increase by $200.
• C) the total of your consumption and saving will increase by less than $200.
• D) your consumption will increase by more than $200, even if your MPS is 0.1.

---

Definitions:

Economy

The system by which goods and services are produced, distributed, and consumed in a society.

Diversity Program

A set of policies and practices aimed at promoting and embracing differences in ethnicity, gender, age, national origin, disability, sexual orientation, education, and religion among members of an organization.

Organization

An administrative and functional structure, such as a business or institution, consisting of individuals working together to achieve common goals.

Company Culture

The shared values, beliefs, and practices that characterize an organization and influence its work environment.