Refer to the Diagram

question 51

Multiple Choice

Refer to the diagram. The average propensity to consume

• A) is greater than 1 at all levels of disposable income above $100.
• B) is greater than 1 at all levels of disposable income below $100.
• C) is equal to the average propensity to save.
• D) cannot be determined from the information given.

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Definitions:

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Significant changes in the structure and functioning of society, often aimed at improvement or progress in social, economic, or political areas.

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