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Refer to the Consumption Schedule Above

Question 56

Multiple Choice

Refer to the consumption schedule above. If disposable income were $34,000, then the average propensity to save would be about: A) .75 B) .88 C) .25 D) .12 Refer to the consumption schedule above. If disposable income were $34,000, then the average propensity to save would be about:


A) .75
B) .88
C) .25
D) .12

Correct Answer:

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