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Following Is Consumption Schedules for Three Private Closed Economies

Question 148

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Following is consumption schedules for three private closed economies.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars. Following is consumption schedules for three private closed economies.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars. Refer to the above data.The marginal propensity to consume in economy (1) : A) is .5. B) is .3. C) is .8. D) is .7. Refer to the above data.The marginal propensity to consume in economy (1) :


A) is .5.
B) is .3.
C) is .8.
D) is .7.

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