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If the Level of Consumption Is $120 Billion and Disposable

Question 449

Multiple Choice

If the level of consumption is $120 billion and disposable income is $150 billion, then the

A) APC = 0.75 and saving is positive.
B) APC = 0.8 and saving is negative.
C) APC = 0.8 and saving is positive.
D) APC = 0.75 and saving is negative.

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