The change in saving divided by the change in income is the
a. ratio of saving to income
b. same as saving divided by income
c. average propensity to save
d. marginal propensity to consume
e. marginal propensity to save
E
Economics
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The text points out that terrorism might best be thought of as
a. an ability to accomplish specific and long-lasting political goals. b. a new type of weapon. c. a temporary and diminishing threat. d. a new kind of war.
Economics
In the above figure, Mark's monthly budget line for movies and plays changed, as shown by the arrow. The change was caused by
A) a decrease in Mark's income. B) an increase in Mark's income. C) a fall in the price of a play. D) a rise in the price of a play.
Economics