Question 1
Refer to the information provided in Table 23.2 below to answer the question(s) that follow.
Refer to Table 23.2. Society's
MPS is
◦ 0.1.
◦ 0.2.
◦ 0.3.
◦ 0.9.
Question 2
Refer to the information provided in Table 23.2 below to answer the question(s) that follow.
Refer to Table 23.2. Assuming society's
MPC is constant, at an aggregate income level of $900, aggregate consumption would be
◦ $665.
◦ $910.
◦ $1,200.
◦ $1,750.