Refer to the Information Provided in Table 23

question 5

Multiple Choice

Refer to the information provided in Table 23.4 below to answer the question(s) that follow.
Table 23.4
-Refer to Table 23.4. Assuming society's MPC is constant, at an aggregate income level of $1,200, aggregate consumption would be

• A) $2,000.
• B) $1,400.
• C) $1,100.
• D) $950.

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Definitions:

Assembly Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product much faster than with individual craftsmanship.