Refer to the diagram. The average propensity to consume

Multiple Choice

is greater than 1 at all levels of disposable income above $100.

is greater than 1 at all levels of disposable income below $100.

is equal to the average propensity to save.

cannot be determined from the information given.

Refer to the diagram. The average propensity to consume

Multiple Choice

is greater than 1 at all levels of disposable income above $100.

is greater than 1 at all levels of disposable income below $100.

is equal to the average propensity to save.

cannot be determined from the information given.

$60 $40 Saving (S) S $20 $50 0 100 150 200 Disposable Income(Y) -20 $60 $40 Saving (S) S $20 $50 0 100 150 200 Disposable Income(Y) -20