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(Table: Consumption and Savings) The table below details Mona Sax's income, consumption, and saving schedule. Based on the table, the marginal propensity to consume is
(Table: Consumption and Savings) The table below details Mona Sax's income, consumption, and saving schedule. Based on the table, the marginal propensity to consume is and the average propensity to consume Income Consumption Spending Saving $54,000 $54,000 50 $72,000 $63,000 $9.000 $90,000 $72,000 $18,000 $9/000; is $9,000 O $18,000; is 0875 C) 2; varies with the level of income 0.5: varies with the level of income
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