An increase in interest rates results in
A) increased consumption and decreased savings.
B) increased savings and decreased consumption.
C) an increase in autonomous consumption.
D) an increase in the durable goods expenditures.
Correct Answer:
Verified
Q106: If the APC is .7,we save
A)3 percent
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
Q112: Statement I.APC + APS = 1.
Statement II.MPC
Q113: When the APC is greater than one,
A)the
Q114: If the MPC is three quarters,then an
Q115: If we save 20 percent of our
Q116: If the APC is .6,we consume
A)4 percent
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