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Use the Table Below to Answer the Following Questions

Question 156

Multiple Choice

Use the table below to answer the following questions.
Table 11.1.1
The following table shows the relationship between consumption expenditure C) and disposable income YD) for a hypothetical economy. Use the table below to answer the following questions. Table 11.1.1 The following table shows the relationship between consumption expenditure C) and disposable income YD) for a hypothetical economy. -Refer to Table 11.1.1.The marginal propensity to consume is A) 0.75. B) increasing as YD increases. C) equal to 1 when YD equals $600. D) 0.25. E) 1.33.
-Refer to Table 11.1.1.The marginal propensity to consume is


A) 0.75.
B) increasing as YD increases.
C) equal to 1 when YD equals $600.
D) 0.25.
E) 1.33.

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