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    Exam 21: The Simplest Short-Run Macro Model
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    FIGURE 21-2 -Refer to Figure 21-2.The APC Will Be Equal to One
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FIGURE 21-2 -Refer to Figure 21-2.The APC Will Be Equal to One

Question 16

Question 16

Multiple Choice

  FIGURE 21-2 -Refer to Figure 21-2.The APC will be equal to one (1.0) when disposable income is A) $0. B) $1000. C) $2000. D) $3000. E) Not enough information to determine. FIGURE 21-2
-Refer to Figure 21-2.The APC will be equal to one (1.0) when disposable income is


A) $0.
B) $1000.
C) $2000.
D) $3000.
E) Not enough information to determine.

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