-Based Upon the Above Table, the MPC for the Consumption

question 118

Multiple Choice

$$\begin{array} { | l | l | } \hline \begin{array} { l } \text { Disposable income } \\\text { (billions of dollars) }\end{array} & \begin{array} { l } \text { Consumption } \\\text { exp enditure } \\\text { (billions of dollars) }\end{array} \\\hline 400 & 450 \\\hline 600 & 600 \\\hline 800 & 750 \\\hline 1000 & 900 \\\hline 1200 & 1050 \\\hline\end{array}$$
-Based upon the above table, the MPC for the consumption function is

• A) constant at 0.75.
• B) increasing as income rises.
• C) constant at 0.25.
• D) equal to 1.0 at $600 billion.

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