Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What is the value of the average propensity to consume when real disposable income equals 14,000?
A) 0.91 B) 1.1 C) 0.09 D) 0.7
Question 2
The purchasing power of the dollar
A) varies directly with the purchasing power of other major currencies such as the euro and the Japanese yen.
B) varies inversely with the price level.
C) varies directly with the price level.
D) varies directly with the price of gold.
Income of Adult Children Compared With That of Their Parents
Step stool can help clients get onto and off of a high table.
Table Salt Is Composed of Sodium and Chloride
How the Distribution of Education Affects the Distribution of Income
table
Table salt.