-How Much Is the Average Propensity to Consume When Disposable

question 307

Multiple Choice

$$\begin{array} { c c } \text { Disposable Income } & \text { Consumption } \\0 & \$ 200 \text { billion } \\\$ 200 \text { billion } & 300 \text { billion } \\400 \text { billion } & 400 \text { billion } \\600 \text { billion } & 500 \text { billion } \\800 \text { billion } & 600 \text { billion }\end{array}$$
-How much is the average propensity to consume when disposable income is $800 billion?

• A)0
• B).25
• C).5
• D).75
• E)1.00

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Definitions:

Capricious Universe

A concept suggesting the universe operates in a manner that is unpredictable and subject to sudden and unaccountable changes.

Productive Efforts

Refers to activities or endeavors that lead to the creation of goods, services, or value, contributing to economic productivity.

Infrastructure

The fundamental facilities and systems serving a country, city, or area, including transportation and communication systems, water and power lines, and public institutions like schools and hospitals.