Solved

Refer to the Information Provided in Table 9

Question 161

Multiple Choice

Refer to the information provided in Table 9.5 below to answer the questions that follow.
Table 9.5
All Numbers are in $ Million Refer to the information provided in Table 9.5 below to answer the questions that follow. Table 9.5 All Numbers are in $ Million   -Refer to Table 9.5. Assuming constant MPC, at income of $1,000 million, consumption is $________ million, and at income of $1,300 million, consumption is $________ million. A)  600; 860 B)  640; 900 C)  680; 920 D)  720; 960
-Refer to Table 9.5. Assuming constant MPC, at income of $1,000 million, consumption is $________ million, and at income of $1,300 million, consumption is $________ million.


A) 600; 860
B) 640; 900
C) 680; 920
D) 720; 960

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions