The table given below reports the consumption expenditure of a nation at different levels of disposable income. Table 9.1
Refer to Table 9.1.At an income level of $10, 000, the APS equals -0.20.Therefore, the APC has to equal:
A)0.20.
B)0.80.
C)-1.20.
D)1.20.
E)1.80.

Question

The table given below reports the consumption expenditure of a nation at different levels of disposable income. Table 9.1
 Refer to Table 9.1.At an income level of $10, 000, the APS equals -0.20.Therefore, the APC has to equal:
A)0.20. 
B)0.80. 
C)-1.20. 
D)1.20. 
E)1.80.

Quizplus · Accepted Answer

The Answer of The table given below reports the consumption expenditure of a nation at different levels of disposable income. Table 9.1
 Refer to Table 9.1.At an income level of $10, 000, the APS equals -0.20.Therefore, the APC has to equal:
A)0.20. 
B)0.80. 
C)-1.20. 
D)1.20. 
E)1.80.

The Table Given Below Reports the Consumption Expenditure of a Nation