Multiple Choice
(Table) In the table,the marginal propensity to consume is ________ and the average propensity to consume ________. Income
Consumption Spending
Saving
$30,000
$30,000
$0
40,000
35,000
5,000
50,000
40,000
10,000
A) 0.5;varies with the level of income
B) $5,000;is $5,000
C) $10,000;is $35,000
D) 2;varies with the level of income
Correct Answer:

Verified
Correct Answer:
Verified
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