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Refer to the Given Consumption Schedules

Question 71

Multiple Choice

Refer to the given consumption schedules. DI signifies disposable income and C represents consumption expenditures. All figures are in billions of dollars. At an income level of $40 billion, the Average propensity to consume A) is highest in economy (1) . B) is highest in economy (2) . C) is highest in economy (3) . D) cannot be determined from the data given. Refer to the given consumption schedules. DI signifies disposable income and C represents consumption expenditures. All figures are in billions of dollars. At an income level of $40 billion, the
Average propensity to consume


A) is highest in economy (1) .
B) is highest in economy (2) .
C) is highest in economy (3) .
D) cannot be determined from the data given.

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