A-LevelEconomicsThe macroeconomy9708/32 · May/June 2017 · Q241 Mark
The table shows the levels of consumption expenditure for given family incomes. [Table 24.1]
- The table shows the levels of consumption expenditure for given family incomes. disposable consumption family income expenditure ($) ($) 2000 2150 3000 3100 4000 4000 5000 4850 6000 5650 7000 6380 Over the range of disposable income shown, as income rises what happens to the marginal propensity to consume? A It falls and then rises. B It falls continuously. C It rises and then falls. D It rises continuously.[1]
Mark scheme
Marking points from the official mark scheme (May/June 2017). The mark or mark type is shown in brackets.
- [1] B
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