Refer to the Given Data for a Hypothetical Economy

question 9

Multiple Choice

$$\begin{array} { | c | r | } \hline \text { Disposable Income } & \text { Saving } \\\hline \$ 0 & - \$ 10 \\\hline 50 & 0 \\\hline 100 & 10 \\\hline 150 & 20 \\\hline 200 & 30 \\\hline\end{array}$$ Refer to the given data for a hypothetical economy. At the $100 level of income, the average propensity to save is

• A) 0.10.
• B) 0.20.
• C) 0.25.
• D) 0.90.

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Definitions:

Veterinarian

A professional who practices veterinary medicine, caring for the health of animals.

Gross Earnings

The total amount of money earned by an individual or entity before any deductions are made.

Seasonal Manufacturing

The production of goods in specific seasons of the year to meet seasonal demand.

Average Number

A value found by summing a set of numbers and then dividing by the count of numbers in the set.