An Increase in the Marginal Propensity to Save from

question 47

Multiple Choice

An increase in the marginal propensity to save from .3 to .4 will cause

• A)the ZZ line to become steeper and a given change in autonomous consumption (c0)to have a smaller effect on output.
• B)the ZZ line to become steeper and a given change in autonomous consumption (c0)to have a larger effect on output.
• C)the ZZ line to become flatter and a given change in autonomous consumption (c0))to have a smaller effect on output.
• D)the ZZ line to become flatter and a given change in autonomous consumption (c0)to have a larger effect on output.

---

Definitions:

Peak Experience

A term coined by psychologist Abraham Maslow, referring to a moment of intense joy and euphoria where one feels a higher sense of fulfillment or realization.

Elements Of Emotion

The fundamental components that collectively define emotions, typically including cognitive appraisal, physiological responses, and expressive behavior.

Need For Achievement

A psychological drive that motivates individuals towards setting and accomplishing challenging goals to achieve a sense of accomplishment.

Need For Affiliation

A fundamental human desire to create and maintain social bonds and interpersonal connections.