If consumption is $5 billion when disposable income is 0, and if the marginal propensity to consume is 0.60, what is consumption when disposable income is 40 billion? If it's necessary, round your answer to one decimal place.
A) $200.6 billion
B) $485 billion
C) $29 billion
D) $17 billion
E) $4,000.6 billion

Question

If consumption is $5 billion when disposable income is 0, and if the marginal propensity to consume is 0.60, what is consumption when disposable income is 40 billion? If it's necessary, round your answer to one decimal place. ​
A) $200.6 billion
B) $485 billion
C) $29 billion
D) $17 billion
E) $4,000.6 billion

Quizplus · Accepted Answer

The Answer of If consumption is $5 billion when disposable income is 0, and if the marginal propensity to consume is 0.60, what is consumption when disposable income is 40 billion? If it's necessary, round your answer to one decimal place. ​
A) $200.6 billion
B) $485 billion
C) $29 billion
D) $17 billion
E) $4,000.6 billion

If Consumption Is $5 Billion When Disposable Income Is 0