-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 $400?
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 $400?
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 $400?
A) -0.45 
B) 0.69 
C) 0.7 
D) 1.45

-Refer to the Above Table