If disposable income is $800 billion when the average propensity to consume is 0.8, it can be concluded that saving is $800 billion. $160 billion. O $640 billion. $64 billion.
If disposable income is $800 billion when the average propensity to consume is 0.8, it can be concluded that saving is $800 billion. $160 billion. O $640 billion. $64 billion.
Chapter23: The Aggregate Expenditure Model
Section: Chapter Questions
Problem 6P
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![If disposable income is $800 billion when the average propensity to consume is 0.8, it
can be concluded that saving is
$800 billion.
$160 billion.
$640 billion.
$64 billion.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc05c6b41-d261-4bb8-b341-446c7dd22751%2Fe4adb08c-4409-4feb-9d3b-14dbad9b0a24%2Fwnli0jg_processed.png&w=3840&q=75)
Transcribed Image Text:If disposable income is $800 billion when the average propensity to consume is 0.8, it
can be concluded that saving is
$800 billion.
$160 billion.
$640 billion.
$64 billion.
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