Refer to the above diagram. The average propensity to consume is:
A)greater than 1 at all levels of income above $150.
B)greater than 1 at all levels of income below $150.
C)zero.
D). 6.
Answer:B
Refer to the above diagram. The average propensity to consume is:
A)greater than 1 at all levels of income above $150. B)greater than 1 at all levels of income below $150. C)zero. D). 6.