In the above table, the average propensity to save when disposable income is $5,000 is
A. 0.2.
B. 0.0.
C. -0.1.
D. 0.1.
Answer: B
Economics
You might also like to view...
It is believed that in order to promote growth, a top priority of the World Bank and the International Monetary Fund is to
A) focus on basic market foundations of guaranteeing property and contract rights. B) promote the increase of dead capital. C) make more loans. D) join forces and merge into one unit.
Economics
Over the past several decades, technological change has led to a significant amount of consolidation in the U.S. brewing industry
Indicate whether the statement is true or false
Economics