If the Marginal Propensity to Consume Is 0

question 174

Multiple Choice

If the marginal propensity to consume is 0.75,the marginal propensity to save is

• A)0.25.
• B)0.5.
• C)1.
• D)3.

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Definitions:

Validity

The extent to which a test, measurement, or research accurately reflects or assesses the specific concept that it is intended to measure.

Constructability

A project management technique that reviews construction processes from start to finish during pre-construction phase to ensure efficient and feasible construction.

Predictive Validity

The extent to which a score on a scale or test predicts future performance on a related outcome.

Construct Validity

The degree to which a test or instrument measures the theoretical concept it is intended to measure.