question archive Question 10 0/1 pts If the proportion of the total disposable income spent on consumer goods and services is 95 percent and if consumers spend 88 percent of each additional dollar, what is the average propensity to consume? Round your response to 2 decimal places
Subject:EconomicsPrice: Bought3
Question 10 0/1 pts If the proportion of the total disposable income spent on consumer goods and services is 95 percent and if consumers spend 88 percent of each additional dollar, what is the average propensity to consume? Round your response to 2 decimal places. wered 1.08