(Table) The table shows data on consumption at various levels of income. Assume there is no private investment. The value of the marginal propensity to save is
A) 0.1.
B) 0.25.
C) 0.75.
D) 0.9.

Question

(Table) The table shows data on consumption at various levels of income. Assume there is no private investment. The value of the marginal propensity to save is 
A) 0.1. 
B) 0.25. 
C) 0.75. 
D) 0.9.

Quizplus · Accepted Answer

The Answer of (Table) The table shows data on consumption at various levels of income. Assume there is no private investment. The value of the marginal propensity to save is 
A) 0.1. 
B) 0.25. 
C) 0.75. 
D) 0.9.

(Table) the Table Shows Data on Consumption at Various Levels