When the APS is negative
A) the APC is less than one.
B) the APC is equal to one.
C) the APC is greater than one.
D) the APC may be less than one,one or greater than one.
Correct Answer:
Verified
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
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
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
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.
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