The table shows a consumption schedule. Refer to the data above. At the $300 level of disposable income:
A) The marginal propensity to save is .80
B) The average propensity to consume is .60
C) The average propensity to save is .30
D) There is a dissaving of $10

Question

The table shows a consumption schedule.  Refer to the data above. At the $300 level of disposable income:
A) The marginal propensity to save is .80 
B) The average propensity to consume is .60 
C) The average propensity to save is .30 
D) There is a dissaving of $10

Quizplus · Accepted Answer

The Answer of The table shows a consumption schedule.  Refer to the data above. At the $300 level of disposable income:
A) The marginal propensity to save is .80 
B) The average propensity to consume is .60 
C) The average propensity to save is .30 
D) There is a dissaving of $10

The Table Shows a Consumption Schedule