Following is consumption schedules for three private closed economies.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars.

-Refer to the above data.The marginal propensity to consume in economy (1):
A) is .5.
B) is .3.
C) is .8.
D) is .7.

Question

Following is consumption schedules for three private closed economies.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars.
 
-Refer to the above data.The marginal propensity to consume in economy (1):
A) is .5. 
B) is .3. 
C) is .8. 
D) is .7.

Quizplus · Accepted Answer

The Answer of Following is consumption schedules for three private closed economies.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars.
 
-Refer to the above data.The marginal propensity to consume in economy (1):
A) is .5. 
B) is .3. 
C) is .8. 
D) is .7.

Following Is Consumption Schedules for Three Private Closed Economies