-In the above table, the average propensity to consume when income is $9,000 is
A) 0.9.
B) 0.1.
C) 0.0.
D) 0.8.

Question

-In the above table, the average propensity to consume when income is $9,000 is
A) 0.9. 
B) 0.1. 
C) 0.0. 
D) 0.8.

Quizplus · Accepted Answer

The average propensity to consume (APC) is calculated as consumption divided by income. Without specific numbers from a table, we can't calculate the exact APC for an income of $9,000. However, choice A) 0.9 is marked as correct based on the assumption that there was a specific table provided with relevant data.

-In the Above Table, the Average Propensity to Consume When