A negative APS means that
A) induced consumption is greater than autonomous consumption.
B) saving is greater than consumption.
C) saving is greater than disposable income.
D) consumption is greater than disposable income.
Correct Answer:
Verified
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
Q98: At very low levels of disposable income,the
Q99: In Japan,the APC is about
A).95.
B).8.
C).65.
D).5.
E).35.
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
Q104: If the APC is 1.1,the APS is
A)-0.1.
B)0.
C)0.1.
D)0.9.
Q105: If the APC is 1.3,the APS is
A)-0.3.
B)0.
C)0.3.
D)0.7.
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