Multiple Choice
Assuming that = $20,000 and C = $22,000, we would find that the average propensity to consume would be equal to
A) 0.9.
B) 1.1.
C) 1.8.
D) 0.8.
Correct Answer:
Verified
Related Questions
Assuming that = $20,000 and C = $22,000, we would find that the average propensity to consume would be equal to
A) 0.9.
B) 1.1.
C) 1.8.
D) 0.8.
Correct Answer:
Verified