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The following data on consumption (C) and disposable income (Y-T) in 2010 and 2011 are for the country of Utopia. YEARCY-T 2010530600 2011690800 What is

The following data on consumption (C) and disposable income (Y-T) in 2010 and 2011 are for the country of Utopia.

YEARCY-T

2010530600

2011690800

What is the (approximate) value of the average propensity to consume in 2011 for Utopia?

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. Chapter 4 - Question 4 The following data on consumption [Cl and disposable income (YT] in 2010 and 2011 are for the country of Utopia. YEAR C Y-T 2010 530 600 2011 690 800 What is the [approximate] value of the average propensity to consume in 2011 for Utopia? 0.75

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