Refer to the given consumption schedules. DI signiﬁes disposable income and C represents consumption expenditures. All ﬁgures are in billions of dollars. At an income level of $400 billion, the
Average propensity to save in economy (2) is
A) 0.9125.
B) 0.0725.
C) 0.0875.
D) 0.9305.

Question

Refer to the given consumption schedules. DI signiﬁes disposable income and C represents consumption expenditures. All ﬁgures are in billions of dollars. At an income level of $400 billion, the
Average propensity to save in economy (2) is
A) 0.9125. 
B) 0.0725. 
C) 0.0875. 
D) 0.9305.

Quizplus · Accepted Answer

The Answer of  Refer to the given consumption schedules. DI signiﬁes disposable income and C represents consumption expenditures. All ﬁgures are in billions of dollars. At an income level of $400 billion, the
Average propensity to save in economy (2) is
A) 0.9125. 
B) 0.0725. 
C) 0.0875. 
D) 0.9305.

Refer to the Given Consumption Schedules