Solved

The Average Propensity to Consume Indicates The

Question 165

Multiple Choice

The average propensity to consume indicates the:


A) amount by which income exceeds consumption.
B) relationship between a change in saving and the consequent change in consumption.
C) percentage of total income which will be consumed.
D) percentage of a change in income which will be consumed.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q15: If business taxes are reduced and the

Q160: When we draw an investment demand curve

Q162: Given the expected rate of return on

Q163: If a $100 billion decrease in investment

Q164: Following is consumption schedules for three private

Q166: Assume a machine which has a useful

Q167: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the

Q168: If the equation C = 20 +

Q169: In contrast to the investment schedule, the

Q170: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the