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Data on after-tax income and consumption spending for the Adam Smith family are given below: After-tax Income Consumption Spending $9.000 $17,500 $14,000 $20,500 $19.000 $23,500

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Data on after-tax income and consumption spending for the Adam Smith family are given below: After-tax Income Consumption Spending $9.000 $17,500 $14,000 $20,500 $19.000 $23,500 $24,000 $26,500 Based on these data the Adam Smith family has a marginal propensity to consume of Select one: a. 0.75 b. 0.6 O c.0.9 d. 0.6

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