Following is consumption schedules for three private closed economies.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars. Refer to the above data.The marginal propensity to consume in economy (1):
A)is .5.
B)is .3.
C)is .8.
D)is .7.

Question

Following is consumption schedules for three private closed economies.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars.  Refer to the above data.The marginal propensity to consume in economy (1):
A)is .5. 
B)is .3. 
C)is .8. 
D)is .7.

Quizplus · Accepted Answer

The Answer of Following is consumption schedules for three private closed economies.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars.  Refer to the above data.The marginal propensity to consume in economy (1):
A)is .5. 
B)is .3. 
C)is .8. 
D)is .7.

Following Is Consumption Schedules for Three Private Closed Economies