Refer to the Information Provided in Table 8

question 135

Multiple Choice

Refer to the information provided in Table 8.2 below to answer the questions that follow.
Table 8.2
-Refer to Table 8.2. Assuming society's MPC is constant, at an aggregate income of $1,200 aggregate saving would be

• A) $0.
• B) $20.
• C) $55.
• D) $150.

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Definitions:

Cents

A monetary unit in various countries, equal to one-hundredth of a base unit of currency, like the dollar in the United States.

Aluminum Tubing

Hollow cylindrical pieces made of aluminum used in various applications, including construction and manufacturing.

Feet

A unit of length in the imperial and US customary systems of measurement, equal to 12 inches or 0.3048 meters.

Costs

Expenses incurred in the process of producing or acquiring goods and services.