At very low levels of disposable income,the greatest likelihood is that
A) autonomous consumption will be greater than induced consumption.
B) induced consumption will be greater than autonomous consumption.
C) autonomous consumption will be about equal to induced consumption.
Correct Answer:
Verified
Q93: Which statement is true?
A)Middle-aged Americans have been
Q94: Autonomous consumption is _ zero.
A)always
B)usually
C)sometimes
D)never
Q95: If there were a terrible depression in
Q96: If consumption is greater than disposable income,the
Q97: If the APC is .9,the MPS is
A).1.
B).45.
C).9.
D)1.0.
E)Impossible
Q99: In Japan,the APC is about
A).95.
B).8.
C).65.
D).5.
E).35.
Q100: A negative APS means that
A)induced consumption is
Q101: If the APS is -0.4,the APC is
A)-0.6.
B)-0.4.
C)0.
D)0.6.
E)1.4.
Q102: The APS rose from about .02 in
Q103: When the APS is negative
A)the APC is
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