All categories

3 years ago

John Maynard Keynes believed that the average propensity to consume:

Social Studies

1 answer:

Alisiya [41]3 years ago

6 0

Answer: Option (c) is correct.

Explanation:

Average propensity to consume refers to the fraction of income that is spent on consumption. It is determined by dividing the consumption level of an individual by income.

Average propensity to consume (APC) = $\frac{Consumption(C)}{Income(Y)}$

Hence, as the income of an individual increases, as a result average propensity to consume falls because the denominator part of an equation become more larger than the numerator part.

You might be interested in

Which of the following statements best describes the governments of the different colonies before the American revolution

Ugo [173]

Answer:

they keep taking are money

Explanation:

3 0

3 years ago

A retail store has announced to its employees that half of them will be laid off after a two-week, random review of their person

dexar [7]

Answer: b. Uncontrollability and frustration

Explanation:

Appreciation in job done despite an impending sack helps, When people are told that they'll be dropped from their jobs, it is very much understood they would loose focus in carrying out their task. Most people pen their lives for their jobs, so when told this they work with the mindset of "after all I'm leaving soon, so it doesn't matter". This thought pattern affects their mind and they attend to matters uncontrollable with frustration.

7 0

3 years ago

In the past, the vast majority of people lived in rural areas and small towns where it was truly shocking to encounter a genuine

ElenaW [278]

Answer:

c. social atomization

Explanation:

When positioned into the field of sociology, atomism assigns the individual as the basic unit of analysis for all implications of social life. This theory refers to "the tendency for society to be made up of a collection of self-interested and largely self-sufficient individuals, operating as separate atoms".

6 0

3 years ago

6. Many people became Buddhist in China during the A.D. 100s because<br> 5 points

Nataly [62]

Answer:

hope it helps...

Explanation:

They wanted to seek peace and avoid suffering during a difficult, violent time.

4 0

3 years ago

A confederal system of government has a ________ central government. A unitary system has a ________ central government. a weak;

shusha [124]

Answer:

Explanation:

A confederal system of government has a weak central government. A unitary system has a strong central government. a weak; weak b bicameral; unicameral c strong; weak d weak; strong on quizzlet

8 0

3 years ago

Read 2 more answers