Answer the question on the basis of the following consumption schedules.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars. Refer to the given data.At an income level of $400 billion,the average propensity to save in economy (2)is:
A) .9125.
B) .0725.
C) .0875.
D) .9305.

Question

Answer the question on the basis of the following consumption schedules.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars.  Refer to the given data.At an income level of $400 billion,the average propensity to save in economy (2)is:
A) .9125. 
B) .0725. 
C) .0875. 
D) .9305.

Quizplus · Accepted Answer

The Answer of Answer the question on the basis of the following consumption schedules.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars.  Refer to the given data.At an income level of $400 billion,the average propensity to save in economy (2)is:
A) .9125. 
B) .0725. 
C) .0875. 
D) .9305.

Answer the Question on the Basis of the Following Consumption