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FIGURE 21-1 Refer to Figure 21-1

Question 33

Multiple Choice

FIGURE 21-1 Refer to Figure 21-1.The average propensity to consume (APC) will be equal to one (1.0) when disposable income is equal to A) 0. B) Y<sub>1</sub>. C) Y<sub>2</sub>. D) Y<sub>3</sub>. E) desired saving. FIGURE 21-1 Refer to Figure 21-1.The average propensity to consume (APC) will be equal to one (1.0) when disposable income is equal to


A) 0.
B) Y1.
C) Y2.
D) Y3.
E) desired saving.

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