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

Question

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

Quizplus · Accepted Answer

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

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