The table below provides Income and consumption Data in billions of dollars. Answer questions below based on it. Disposable Consumption Savings Income 100 80 -------- 200 150 --------- What is the level of consumption when income is $300 billion? Group of answer choices $200 billion $240 billion $210 billion $60 billion
The table below provides Income and consumption Data in billions of dollars. Answer questions below based on it. Disposable Consumption Savings Income 100 80 -------- 200 150 --------- What is the level of consumption when income is $300 billion? Group of answer choices $200 billion $240 billion $210 billion $60 billion
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The table below provides Income and consumption Data in billions of dollars. Answer questions below based on it.
Disposable Consumption Savings
Income
100 80 --------
200 150 ---------
What is the level of consumption when income is $300 billion?
Group of answer choices
$200 billion
$240 billion
$210 billion
$60 billion
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