Multiple Choice
Which of the following relations is not correct?
A) 1 − MPC = MPS.
B) APS + APC = 1.
C) MPS = MPC + 1.
D) MPC + MPS = 1.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q106: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" The saving schedule
Q107: 1 + MPS = MPC.
Q108: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the
Q109: Which of the following is correct?<br>A) MPC
Q110: The multiplier effect indicates that<br>A) a decline
Q112: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the
Q113: One can determine the amount of any
Q114: If the nominal interest rate is 18
Q115: Assume there are no prospective investment projects
Q116: If the MPC is 0.6, the multiplier