If the APC is .7,we save
A) 3 percent of our income.
B) 7 percent of our income.
C) 30 percent of our income.
D) 70 percent of our income.
Correct Answer:
Verified
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.
Q107: If the APS is .2,we save
A)2 percent
Q108: If the APS is -0.2,the APC is
A)-0.8.
B)0.
C)0.2.
D)0.8.
E)1.2.
Q109: Over the last 20 years,our APS has
A)never
Q110: Which statement is true?
A)Saving can never be
Q111: An increase in interest rates results in
A)increased
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