Which statement is true?
A) Saving can never be negative.
B) The APS can never be negative.
C) The APS is usually negative.
D) None are true.
Correct Answer:
Verified
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.
Q109: Over the last 20 years,our APS has
A)never
Q111: An increase in interest rates results in
A)increased
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
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents