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(Graph: Consumption) Based on the Information Provided in the Graph

Question 147

Multiple Choice

(Graph: Consumption) Based on the information provided in the graph above, at an income level of $300, savings equals _____, the MPC equals _____, and the APC equals _____. (Graph: Consumption)  Based on the information provided in the graph above, at an income level of $300, savings equals _____, the MPC equals _____, and the APC equals _____.   A)  $80; 0.6; -0.27 B)  -$80; 0.6; 1.27 C)  $300; 0.4; 0.5 D)  -$120; 0.4; -0.7


A) $80; 0.6; -0.27
B) -$80; 0.6; 1.27
C) $300; 0.4; 0.5
D) -$120; 0.4; -0.7

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