In the Table Given Below Y Represent the Aggregate Expenditure

question 92

Multiple Choice

In the table given below Y represent the aggregate expenditure of the economy on C = consumption, I = investment, G = government projects, and X = net exports. Table 9.3
Refer to Table 9.3.At an income level of $300, the average propensity to save equals:

• A)0.10.
• B)0.23.
• C)0.33.
• D)0.67.
• E)1.50.

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Definitions:

Executive Branch

The branch of government responsible for implementing and enforcing laws, headed by the president and including the cabinet and other officials.

Cabinet Department

A major administrative unit in the executive branch of the federal government, headed by a secretary who is a member of the president's cabinet.

Civil Service System

A structure in government employment where workers are selected based on merit rather than political affiliation, promoting professionalism and efficiency.

Merit

The quality of being particularly good or worthy, especially so as to deserve praise or reward.