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-Refer to the Table in the Exhibit

question 63

Multiple Choice

 Real  GDP ($)  Consumption ($)  Planned  investment ($) 01401001002201002003001003003801004004601005005401006006201007007001008007801009008601001,0009401001,1001,0201001,2001,1001001,3001,180100\begin{array} { c c c } \hline \begin{array} { c } \text { Real } \\\text { GDP } \\( \$ ) \end{array} & \begin{array} { c } \text { Consumption } \\( \$ ) \end{array} & \begin{array} { c } \text { Planned } \\\text { investment } \\( \$ ) \end{array} \\\hline 0 & 140 & 100 \\100 & 220 & 100 \\200 & 300 & 100 \\300 & 380 & 100 \\400 & 460 & 100 \\500 & 540 & 100 \\600 & 620 & 100 \\700 & 700 & 100 \\800 & 780 & 100 \\900 & 860 & 100 \\1,000 & 940 & 100 \\1,100 & 1,020 & 100 \\1,200 & 1,100 & 100 \\1,300 & 1,180 & 100 \\\hline\end{array}
-Refer to the table in the exhibit.What is the MPC in the economy represented?  

Recognize the importance and applications of economic analysis for consumers and society.
Understand the concept of "there is no free lunch" in economics.
Grasp the basic principles of macroeconomic analysis and its focus areas.
Learn how to analyze economic activities using marginal benefit and marginal cost.

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