Multiple Choice
-Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What is the value of the average propensity to save when real disposable income equals $400?
A) -0.45
B) 0.69
C) 0.7
D) 1.45
Correct Answer:

Verified
Correct Answer:
Verified
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