If consumption is $750 when real disposable income is $1,000, the average propensity to consume is
A) 0.80.
B) 0.75.
C) 0.50.
D) 0.25.
Correct Answer:
Verified
Q67: Q83: The average propensity to consume is the Q84: If the marginal propensity to save is Q85: Which of the following correctly defines the Q86: Along the portion of the consumption function Q87: According to the above figure, the average Q87: If the level of consumption is $100 Q89: In the above figure, a change in Q92: Where the consumption function intersects the 45-degree Q96: 
A)percentage
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