Using the data in above table, the marginal propensity to consume is
A. increasing as disposable income increases.
B. equal to 1.0 when disposable income equals $600.
C. constant at 0.75.
D. constant at 0.25.
Answer:C
Using the data in above table, the marginal propensity to consume is
A. increasing as disposable income increases. B. equal to 1.0 when disposable income equals $600. C. constant at 0.75. D. constant at 0.25.