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The Table Given Below Reports the Consumption Expenditure of a Nation

Question 59

Multiple Choice

The table given below reports the consumption expenditure of a nation at different levels of disposable income.?
The table given below reports the consumption expenditure of a nation at different levels of disposable income.?    -Refer to Table 9.1. At an income level of $10,000, the APS equals -0.20. Therefore, the APC has to be equal to: A)  0.20. B)  0.80. C)  -1.20. D)  1.20. E)  1.80.
-Refer to Table 9.1. At an income level of $10,000, the APS equals -0.20. Therefore, the APC has to be equal to:


A) 0.20.
B) 0.80.
C) -1.20.
D) 1.20.
E) 1.80.

Correct Answer:

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