The Table Given Below Reports the Consumption Expenditure of a Nation

question 30

Multiple Choice

The table given below reports the consumption expenditure of a nation at different levels of disposable income. Table 9.1
Refer to Table 9.1.At an income level of $45, 000, the average propensity to save would equal:

• A)0.15.
• B)0.75.
• C)0.25.
• D)0.20.
• E)0.80.

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