Refer to the information provided in Table 8.1 .below to answer the questions that follow Table 8.1 Aggregate Income ($ billion) Aggregate Consumption ($billion) 80 50 125 100 170 Q 150 215 200 260 Refer to Table 8.1. Assuming society's MPC is constant at an aggregate of income of $300, aggregate consumption would be :Select one .a. $425 .b. $305 .c. $325 .d. $350

Refer to the information provided in Table 8.1 .below to answer the questions that follow Table 8.1 Aggregate Income ($ billion) Aggregate Consumption ($billion) 80 50 125 100 170 Q 150 215 200 260 Refer to Table 8.1. Assuming society's MPC is constant at an aggregate of income of $300, aggregate consumption would be :Select one .a. $425 .b. $305 .c. $325 .d. $350

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter7: Production And Growth

Section: Chapter Questions

Problem 5CQQ

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