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    Economics Today Study Set 1
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    Exam 12: Consumption, Real GDP, and the Multiplier
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    -Refer to the Above Table
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-Refer to the Above Table

Question 350

Question 350

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
-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

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