When the APC is greater than one,
A) the APS is negative.
B) the APS is zero.
C) the APS is positive.
D) the APS may be positive,zero or negative.
Correct Answer:
Verified
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
Q112: Statement I.APC + APS = 1.
Statement II.MPC
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
Q117: If the APS is .1,we save
A)1 percent
Q118: According to Friedman's "permanent income hypothesis,"
A)Consumption today
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