Multiple Choice
If the average propensity to consume is 0.8, then the average propensity to save is
A) 0.
B) 0.2.
C) 0.8.
D) 1.
Correct Answer:

Verified
Correct Answer:
Verified
Q98: Which of the following statements is TRUE?<br>A)APC
Q99: According to Keynes, an individual's level of
Q100: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5016/.jpg" alt=" Note: Amounts
Q106: Investment is<br>A)the purchasing of stocks and mutual
Q107: If the average propensity to consume is
Q123: Which of the following statements is TRUE?<br>A)
Q163: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q249: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Consider the above
Q312: In the above figure, a change in
Q357: The investment schedule is downward sloping and