(Table) the Table Shows Data on Consumption at Various Levels

question 103

Multiple Choice

(Table) The table shows data on consumption at various levels of income. Assume there is no private investment. The value of the average propensity to consume at equilibrium is

• A) 0.875.
• B) 0.917.
• C) 1.00.
• D) 1.25.

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Definitions:

Outer Class

A class that surrounds and contains an inner class, providing scope to the inner class but not vice versa.

Finalize

A method in Java used for cleanup just before garbage collection.

ADTs

Abstract Data Types, theoretical concepts in computer science that describe how data is stored, accessed, and manipulated.

Information Hiding

Information hiding is a principle in object-oriented programming that involves restricting access to the internal representation of an object, exposing only what is necessary.