Which of the Following Describes Marginal Propensity to Consume (MPC)and

Multiple Choice

Which of the following describes marginal propensity to consume (MPC) and average propensity to consume (APC) ?

A) MPC is less than 1, but APC can be either greater or less than 1.
B) Both MPC and APC are always less than 1.
C) MPC is less than 1, but APC is always equal to 1.
D) MPC and APC are always greater than or equal to 1.