The table below provides Income and consumption Data in billions of dollars. Answer questions below based on it. Disposable Consumption Savings Income 100 80 -------- 200 150 --------- What is the level of consumption when income is $300 billion? Group of answer choices $200 billion $240 billion $210 billion $60 billion

The table below provides Income and consumption Data in billions of dollars. Answer questions below based on it. Disposable Consumption Savings Income 100 80 -------- 200 150 --------- What is the level of consumption when income is $300 billion? Group of answer choices $200 billion $240 billion $210 billion $60 billion

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter9: Aggregate Demand

Section: Chapter Questions

Problem 1.1P

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