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NYC NYC
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8 years ago
If Amanda's total consumption is $2,000 a month, the fraction of her income that she consumes is 70%, and her income is $3,000, the amount of money she consumes when her income is zero is:
A) $1,400.
B) $1,000.
C) $100.
D) $700.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Good answer, thanks.
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