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Refer to the Given Consumption Schedules

Question 84

Multiple Choice

  Refer to the given consumption schedules. DI signifies disposable income and C represents consumption expenditures. All figures are in billions of dollars. The marginal propensity to consume A)  is highest in economy (1) . B)  is highest in economy (2) . C)  is highest in economy (3) . D)  cannot be calculated from the data given. Refer to the given consumption schedules. DI signifies disposable income and C represents consumption expenditures. All figures are in billions of dollars. The marginal propensity to consume


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

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