Refer to the above diagram.The average propensity to consume:
A)is greater than 1 at all levels of disposable income above $100.
B)is greater than 1 at all levels of disposable income below $100.
C)is equal to the average propensity to save.
D)cannot be determined from the information given.

Question

Refer to the above diagram.The average propensity to consume:
A)is greater than 1 at all levels of disposable income above $100. 
B)is greater than 1 at all levels of disposable income below $100. 
C)is equal to the average propensity to save. 
D)cannot be determined from the information given.

Quizplus · Accepted Answer

The Answer of  Refer to the above diagram.The average propensity to consume:
A)is greater than 1 at all levels of disposable income above $100. 
B)is greater than 1 at all levels of disposable income below $100. 
C)is equal to the average propensity to save. 
D)cannot be determined from the information given.

Refer to the Above Diagram