33. Refer to the above data. At an $800 level of disposable income, the level of saving is: A. $180. B. $740. C. $60. D. $18. 34. Consumption Disposable Income The above diagram shows consumption schedules for economies A and B. We can say that the: A. MPC is greater in B than in A. B. APC at any given income level is greater in B than in A. C. MPS is smaller in B than in A. D. MPC is greater in A than in B. 35. At the point where the consumption schedule intersects the 45-degree line: A. the MPC is 1:00. B. the APC is 1.00. C. saving is equal to consumption. D. the economy is in equilibrium. 36. Tessa's break-even level of income is $10,000 and her MPC is 0.75. If her actual disposable income is $ 16,000, her level of: A. consumption spending will be $14,500. B. consumption spending will be $15,500. C. consumption spending will be $13,000. D. saving will be $2,500. SALINEN POINTY COLLEGE1S: 44. Refer to the above data. At an income level of $400 billion, the average propensity to save in economy (2) A. .9125 B. .0725. C. .0875. D. .9305. 245- 180 301 95 120 150180 210 210 270 30:0 45. Refer to the above diagram. The marginal propensity to consume is: A. .4. B. .6. C. .5. D. . 8. 46. Suppose that a new machine tool having a useful life of only one year costs $80,000. Suppose, also, that the net additional revenue resulting from buying this tool is expected to be $96,000. The expected rate of return on this tool is: A. 80 percent. B. 8 percent. C. 2 percent. D. 20 percent. 47. Assume a machine which has a useful life of only one year costs $2,000. Assume, also, that net of such operating costs as power, taxes, and so forth, the additional revenue from the output of this machine is expected to be $2,300. The expected rate of return on this machine is: A. 7.5 percent. B. 10 percent. C. 15 percent. D. 20 percent.37 saving Disposable income its : Suppose the economy's saving schedule shifts from S, to S, as shown in the above diagram. We can say that A. MPC has increased. B. MPS has increased. C. APS has increased at all levels of disposable income. D. APS has decreased at all levels of disposable income. 38. Consumption Suppose an economy's consumption schedule shifts from C, to C, as shown in the above diagram. We can say that its: A. MPC has increased but it's APC at each income level is unchanged. B. APC at each income level is increased. but its MPC is unchanged. C. MPC and APC at each income level have both increased. D. MPC and APC at each income level have both decreased. $ 205 2:25 245 265 390 2:85 39. Refer to the above data. The marginal propensity to consume is: A. .25. B. .75. C. .20. D. .80. CADTEN AT PALINEL PAIINTV COLLEGE