The percentage of passengers waiting 20 minutes or more in TSA lines this summer fell to ____% from 1.3% last year

The slope of the consumption function relates changes in consumer spending to changes in disposable income received by consumers. This is called:

a. the marginal propensity to consume. b. the average propensity to consume. c. the utility-maximization function. d. the marginal rate of transformation.

Comment on the following statement: The level and growth rate of real GDP per capita can be a misleading indicator of development

At the same time, countries that experience sustained increases in real GDP per capita over time will tend to be more developed.