(Graph: Consumption) Based on the information provided in the graph above, when income equals $1,000, the average propensity to save equals:
A) 0.5
B) 0.6.
C) 0.4.
D) 0.2.

Question

(Graph: Consumption) Based on the information provided in the graph above, when income equals $1,000, the average propensity to save equals: 
A) 0.5 
B) 0.6. 
C) 0.4. 
D) 0.2.

Quizplus · Accepted Answer

The Answer of (Graph: Consumption) Based on the information provided in the graph above, when income equals $1,000, the average propensity to save equals: 
A) 0.5 
B) 0.6. 
C) 0.4. 
D) 0.2.

(Graph: Consumption) Based on the Information Provided in the Graph