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    Macroeconomics Principles Study Set 1
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    Exam 8: Aggregate Expenditures
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    If Income Is $5,000 Per Month and Consumption Spending Is
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If Income Is $5,000 Per Month and Consumption Spending Is

Question 90

Question 90

Multiple Choice

If income is $5,000 per month and consumption spending is $4,500 per month, what is the average propensity to consume?


A) -500
B) 0.9
C) 1.11
D) 500

Correct Answer:

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