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-Refer to the Above Table

question 170

Multiple Choice

  -Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What is the value of the average propensity to consume when real disposable income equals $1400? A)  0.09 B)  0.7 C)  0.91 D)  1.1
-Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What is the value of the average propensity to consume when real disposable income equals $1400?


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