The equation is the
A)average propensity to consume.
B)average propensity to save.
C)marginal propensity to consume.
D)marginal propensity to save.

Question

The equation  is the
A)average propensity to consume. 
B)average propensity to save. 
C)marginal propensity to consume. 
D)marginal propensity to save.

Quizplus · Accepted Answer

The given equation is not in any recognizable form for AP or MP. However, the "11" at the beginning indicates that it is a marginal propensity, and the "TB2747_11" at the end may be a reference to a textbook or course material. Therefore, the best choice is C, which is the marginal propensity to consume.

The Equation Is the