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    (Table) the Table Shows Data on Consumption at Various Levels
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(Table) the Table Shows Data on Consumption at Various Levels

Question 97

Question 97

Multiple Choice

(Table) The table shows data on consumption at various levels of income. Assume there is no private investment. The value of the marginal propensity to save is (Table)  The table shows data on consumption at various levels of income. Assume there is no private investment. The value of the marginal propensity to save is   A)  0.1. B)  0.25. C)  0.75. D)  0.9.


A) 0.1.
B) 0.25.
C) 0.75.
D) 0.9.

Correct Answer:

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