The Marginal Propensity to Consume Is The

question 63

Multiple Choice

The marginal propensity to consume is the:

• A) ratio of consumption to income.
• B) amount consumed out of an additional dollar of income.
• C) amount available for consumption after precautionary saving.
• D) ratio of consumption to wealth.

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Definitions:

Far Transfer

The ability to apply learned skills and knowledge in situations that are significantly different from those in which the skills or knowledge were originally learned.

Work Environment

The setting, conditions, and culture in which an individual performs their job duties.

Baldwin and Ford

Researchers known for their model on the transfer of training, emphasizing the importance of learner characteristics, training design, and work environment.

Training Transfer Concept

The theory that knowledge, skills, and behaviors learned in training should be applied to the job environment.