-Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What is the value of the average propensity to consume when real disposable income equals $4,000?
A)-0.45
B)0.69
C)0.7
D)1.45

Question

-Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What is the value of the average propensity to consume when real disposable income equals $4,000?
A)-0.45 
B)0.69 
C)0.7 
D)1.45

Quizplus · Accepted Answer

The Answer of 
-Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What is the value of the average propensity to consume when real disposable income equals $4,000?
A)-0.45 
B)0.69 
C)0.7 
D)1.45

-Refer to the Above Table