Multiple Choice
The table given below reports the consumption expenditure of a nation at different levels of disposable income. Table 9.1 Refer to Table 9.1.At an income level of $45, 000, the average propensity to save would equal:
A) 0.15.
B) 0.75.
C) 0.25.
D) 0.20.
E) 0.80.
Correct Answer:
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