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    Exam 21: The Simplest Short-Run Macro Model
  5. Question
    FIGURE 21-1 -Refer to Figure 21-1.The APC Will Be Equal to One
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FIGURE 21-1 -Refer to Figure 21-1.The APC Will Be Equal to One

Question 150

Question 150

Multiple Choice

  FIGURE 21-1 -Refer to Figure 21-1.The APC will be equal to one (1.0) when disposable income is equal to A) 0. B) Y<sub>1</sub>. C) Y<sub>2</sub>. D) Y<sub>3</sub>. E) desired saving. FIGURE 21-1
-Refer to Figure 21-1.The APC will be equal to one (1.0) when disposable income is equal to


A) 0.
B) Y1.
C) Y2.
D) Y3.
E) desired saving.

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