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-Refer to the Table in the Exhibit

Question 106

Multiple Choice



 Schedule for Real GDP, Net Taxes and Government Purchases (Trillions of Dollars)   Real  GDP  Net  taxes  Disposable  income (Y)  Consumption (NT)  Saving (YNT)  Planned  investment (S)  Net  exports (NX)  Government  purchases (G)  Planned  aggregate  expenditure (C+I+NX+G) 3.00.92.12.00.10.50.20.93.23.60.92.72.40.30.50.20.93.54.20.93.32.80.50.50.20.94.04.80.93.93.20.70.50.20.94.45.40.94.53.60.90.50.20.94.8\begin{array}{l}\text { Schedule for Real GDP, Net Taxes and Government Purchases (Trillions of Dollars) }\\\begin{array}{ccccccccc}\hline \begin{array}{c}\text { Real } \\\text { GDP }\end{array} & \begin{array}{c}\text { Net } \\\text { taxes }\end{array} & \begin{array}{c}\text { Disposable } \\\text { income } \\(Y) \end{array} & \begin{array}{c}\text { Consumption } \\(N T) \end{array} & \begin{array}{c}\text { Saving } \\(Y-N T) \end{array} & \begin{array}{c}\text { Planned } \\\text { investment } \\(S) \end{array} & \begin{array}{c}\text { Net } \\\text { exports } \\(N X) \end{array} & \begin{array}{c}\text { Government } \\\text { purchases } \\(G) \end{array} & \begin{array}{c}\text { Planned } \\\text { aggregate } \\\text { expenditure } \\(C+I+N X+G) \end{array} \\\hline 3.0 & 0.9 & 2.1 & 2.0 & 0.1 & 0.5 & -0.2 & 0.9 & 3.2 \\3.6 & 0.9 & 2.7 & 2.4 & 0.3 & 0.5 & -0.2 & 0.9 & 3.5 \\4.2 & 0.9 & 3.3 & 2.8 & 0.5 & 0.5 & -0.2 & 0.9 & 4.0 \\4.8 & 0.9 & 3.9 & 3.2 & 0.7 & 0.5 & -0.2 & 0.9 & 4.4 \\5.4 & 0.9 & 4.5 & 3.6 & 0.9 & 0.5 & -0.2 & 0.9 & 4.8 \\\hline\end{array}\end{array}
-Refer to the table in the exhibit.What is the marginal propensity to consume?  


A)  5/6 
B)  4/5 
C)  3/4 
D)  2/3

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