Question 26

2pts

DisposableIncomeConsumptionSavings$0$10505010090150130200170

Refer to the above table. At a disposable income of $150, theAVERAGE PROPENSITY TO SAVEis:

Formulas:

Group of answer choices

0.87

0.25

0.13

0.20

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Question 27

2pts

DisposableIncomeConsumptionSavings$0$10505010090150130200170

Refer to the above table. The values for the Simple Multiplier and Tax Multipliers are:

Formulas:

Group of answer choices

5 and 4, respectively.

4 and 3, respectively.

4 and 5, respectively.

5 and 6, respectively.

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Question 28

2pts

Refer to the above graph. The break-even level of GDP is:

Group of answer choices

$200.

$400.

zero.

$60.

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Question 29

2pts

Refer to the above graph. The MARGINAL PROPENSITY TO CONSUME is:

Formula:MPC =CDI

Group of answer choices

0.50

0.40

0.80

0.70

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Question 30

2pts

The wealth effect of an increase in the value of real estate would cause the Consumption Curve to:

Group of answer choices

not shift at all.

shift down.

shift right.

shift up.