In the table given below Y represent the aggregate expenditure of the economy on C = consumption, I = investment, G = government projects, and X = net exports.
Table 9.3
-Refer to Table 9.3. At an income level of $300, the average propensity to save equals:
A) 0.10.
B) 0.23.
C) 0.33.
D) 0.67.
E) 1.50.
Correct Answer:
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