Question 20 $60 O $40 + * $20 + $50 100 150 200 Disposable Income(Y) -20 Refer to the diagram. The average propensity to consume: O A, cannot be detemined from the information given. O B. is equal to the average propensity to save. O C. is greater than 1 at all levels of disposable income below $100. O D. is greater than 1 at all levels of disposable income above $100.

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 5.12P
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Quèstion 20
$60
A $40 +
$20 +
$50
100
150
200
Disposable Income(Y)
-20
Refer to the diagram. The average propensity to consume:
O A. cannot be detemined from the information given.
O B. is equal to the average propensity to save.
OC, is greater than 1 at all levels of disposable income below $100.
O D. is greater than 1 at all levels of disposable income above $100.
Saving (S)
Transcribed Image Text:Quèstion 20 $60 A $40 + $20 + $50 100 150 200 Disposable Income(Y) -20 Refer to the diagram. The average propensity to consume: O A. cannot be detemined from the information given. O B. is equal to the average propensity to save. OC, is greater than 1 at all levels of disposable income below $100. O D. is greater than 1 at all levels of disposable income above $100. Saving (S)
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