If the APS is -0.4,the APC is
A) -0.6.
B) -0.4.
C) 0.
D) 0.6.
E) 1.4.
Correct Answer:
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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.
Q100: A negative APS means that
A)induced consumption is
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.
Q106: If the APC is .7,we save
A)3 percent
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