3 Ask Mc Graw Hill Disposable Income and Consumption Disposable Income $0 6,000 12,000 18,000 Consumption $3,000 6,000 9,000 12,000 15,000 24,000 In a simple economy with no saving or investment, what is the equilibrium level of consumption? Multiple Choice $6,000 $3,000 $12,000 $18,000 Saved < Prev 3 of 9 Next >

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