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The Table Given Below Reports the Consumption Expenditure of a Nation

Question 12

Multiple Choice

The table given below reports the consumption expenditure of a nation at different levels of disposable income. Table 9.1
The table given below reports the consumption expenditure of a nation at different levels of disposable income. Table 9.1   Refer to Table 9.1.At an income level of $10, 000, the APS equals -0.20.Therefore, the APC has to equal: A) 0.20. B) 0.80. C) -1.20. D) 1.20. E) 1.80. Refer to Table 9.1.At an income level of $10, 000, the APS equals -0.20.Therefore, the APC has to equal:


A) 0.20.
B) 0.80.
C) -1.20.
D) 1.20.
E) 1.80.

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