Examlex

Solved

Consider the Following Table These Data Suggest That:
A)consumption Varies Inversely with After-Tax Incomes

question 51

Multiple Choice

Consider the following table:  After-Tax Income  Consumption $1000$90020001800300027004000360050004500\begin{array} { | c | c | } \hline \text { After-Tax Income } & \text { Consumption } \\\hline \$ 1000 & \$ 900 \\\hline 2000 & 1800 \\\hline 3000 & 2700 \\\hline 4000 & 3600 \\\hline 5000 & 4500 \\\hline\end{array} These data suggest that:


Definitions:

Related Questions