
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 12
Circle the letter that corresponds to the best answer. Which statement is true?
A) Americans save much more of their incomes than they did 20 years ago.
B) In 2012, our APC was a little below 1.0.
C) Although the United States does not have the highest saving rate in the world, Americans save more money than the citizens of every other country.
D) Our APS has been negative since the early 1990s.
A) Americans save much more of their incomes than they did 20 years ago.
B) In 2012, our APC was a little below 1.0.
C) Although the United States does not have the highest saving rate in the world, Americans save more money than the citizens of every other country.
D) Our APS has been negative since the early 1990s.
Explanation
The sum of the average propensity to con...
Macroeconomics 11th Edition by Stephen Slavin
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