Following Is Consumption Schedules for Three Private Closed Economies

Multiple Choice

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.At an income level of $40 billion, the average propensity to consume:

A) is highest in economy (1) .
B) is highest in economy (2) .
C) is highest in economy (3) .
D) cannot be determined from the data given.