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3.Com it-te the accompanying table. Level of output and income (GDP = DI) Consumption Saving APC APS MPC MPS $2750 S-270 2775 2800 270 2825
3.Com it-te the accompanying table. Level of output and income (GDP = DI) Consumption Saving APC APS MPC MPS $2750 S-270 2775 2800 270 2825 275 28501 280 2875 285 2900 290 2925 295 2950 300 (a) What is the break-even level of income? How is it possible for households to dissave at very low.income levels
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