Multiple Choice
Answer the question on the basis of the following data for a hypothetical economy.
Refer to the given data.At the $100 level of income,the average propensity to save is:
A) .10.
B) .20.
C) .25.
D) .90.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: In contrast to investment, consumption is<br>A) relatively
Q39: The actual multiplier effect in the U.S.
Q41: If the MPC is .6,the multiplier will
Q59: The multiplier shows the relationship between changes
Q65: If the real interest rate in the
Q82: If for some reason households become increasingly
Q98: If the consumption schedule is linear, then
Q159: If the MPS is only half as
Q208: The saving schedule is such that as
Q213: If the saving schedule is a straight