The following data relates to a national economy (all figures in $billions):

-Refer to the above graph to answer this question.What is the value of the MPE?
A)0.5.
B)1.
C)2.
D)$300.

Name: The following data relates to a national economy (all figures in $billions): -Refer to the above graph to answer this question.What is the value of the MPE? A)0.5. B)1. C)2. D)$300.
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Question

The following data relates to a national economy (all figures in $billions):
 
-Refer to the above graph to answer this question.What is the value of the MPE?
A)0.5. 
B)1. 
C)2. 
D)$300.

Quizplus · Accepted Answer

The MPE is the value of the dependent variable when the independent variable is equal to zero. In this case, the MPE is 0.5.

The Following Data Relates to a National Economy (All Figures