Multiple Choice
If there is a decrease in disposable income in an economy, then
A) both the APC and the APS rise.
B) the APC rises and the APS falls.
C) the APC falls and the APS rises.
D) both the APC and the APS fall.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Dissaving means<br>A) the same thing as disinvesting.<br>B)
Q3: In contrast to investment, consumption is<br>A) relatively
Q4: 1 − MPC = MPS.
Q5: The investment demand curve will shift to
Q6: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the
Q7: Dissaving occurs where<br>A) income exceeds consumption.<br>B) saving
Q8: (Advanced analysis) Assume the following consumption schedule:
Q9: <span class="ql-formula" data-value="\begin{array} { | c |
Q10: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the
Q11: If DI is $275 billion and the