menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Principles Study Set 1
  4. Exam
    Exam 8: Aggregate Expenditures
  5. Question
    (Graph: Consumption) Based on the Information Provided in the Graph
Solved

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

Question 207

Question 207

Multiple Choice

(Graph: Consumption) Based on the information provided in the graph, when income equals $1,000, the average propensity to save equals (Graph: Consumption)  Based on the information provided in the graph, when income equals $1,000, the average propensity to save equals   A)  0.2. B)  0.4. C)  0.5. D)  0.6.


A) 0.2.
B) 0.4.
C) 0.5.
D) 0.6.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q202: If $1,000 of additional spending occurs and

Q203: According to Keynesian analysis, if households intend

Q204: If the marginal propensity to consume is

Q205: If the marginal propensity to consume is

Q206: (Table) The following table shows data on

Q208: The balanced budget multiplier changes according to

Q209: The multiplier for imports is larger than

Q210: If consumption rises from $500 billion to

Q211: Which statement(s) is/are TRUE regarding the paradox

Q212: (Table: Keynesian Equilibrium Analysis with Taxes and

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines