The table given below shows the disposable income and consumption of a household. In the table below, the level of saving at a disposable income of $1,200 is:
A) $80
B) $240
C) $950
D) $1,200
E) $1,300
Correct Answer:
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Q1: If a household's income falls from $26,000
Q3: The difference between consumption spending and disposable
Q4: The sum of the marginal propensity to
Q6: If a household's income rises from $46,000
Q8: The marginal propensity to consume is:
A)the relationship
Q9: Historically,consumption spending in the United States has
Q13: Suppose an increase in disposable income from
Q16: Which of the following is true of
Q17: The fraction of an increase in income
Q18: If the marginal propensity to consume is
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