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    Exam 11: Consumption, Real GDP, and the Multiplier
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    It Is Conceivable That the APC, APS, MPC, and MPS
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It Is Conceivable That the APC, APS, MPC, and MPS

Question 306

Question 306

Multiple Choice

It is conceivable that the APC, APS, MPC, and MPS could simultaneously be


A) APC = 1.0; APS = 0.1; MPC = 0.8; MPS = 0.25.
B) APC = 0.8; APS = 0.2; MPC = 1.1; MPS = 0.1.
C) APC = 1.3; APS = -0.3; MPC = 0.9; MPS = 0.1.
D) APC = 1.0; APS = 0; MPC = 1.0; MPS = 0.15.

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