Multiple Choice
Figure 3-2
-Refer to the information above.What is the level of consumption when the level of income equals 2000?
A) 600
B) 1000
C) 1600
D) 2000
Correct Answer:
Verified
Related Questions
Q34: In equilibrium,with exports equal to imports it
Q35: An exogenous rise in government expenditures will
Q36: Assuming that there are NO income taxes,if
Q37: If disposable income increases by $100 and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents