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The Table Below Shows Disposable Income and Desired Consumption for a Closed

Question 28

Multiple Choice

The table below shows disposable income and desired consumption for a closed economy with no government. The table below shows disposable income and desired consumption for a closed economy with no government. TABLE 21-1 Refer to Table 21-1.The marginal propensity to consume is equal to A) 0.8. B) 0.67. C) 0.6. D) 0.4. E) 0.2. TABLE 21-1 Refer to Table 21-1.The marginal propensity to consume is equal to


A) 0.8.
B) 0.67.
C) 0.6.
D) 0.4.
E) 0.2.

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