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-Refer to the Above Data

Question 123

Multiple Choice

-Refer to the above data.At the $200 level of disposable income: A) the marginal propensity to save is 2<sup>1</sup>/<sub>2</sub> percent. B) dissaving is $5. C) the average propensity to save is .20. D) the average propensity to consume is .80.
-Refer to the above data.At the $200 level of disposable income:


A) the marginal propensity to save is 21/2 percent.
B) dissaving is $5.
C) the average propensity to save is .20.
D) the average propensity to consume is .80.

Correct Answer:

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