Generally, as income rises, the average propensity to consume
a. stabilizes.
b. drops to zero.
c. increases.
d. becomes erratic.
e. decreases.
E
You might also like to view...
Which type of persuasive message is designed to help the audience feel good about complying with the request?
A) Customer claims B) Sales messages C) Motivational messages D) Team decision-making messages E) Requests for favors
The resource-based theory of the firm is designed to take advantage of
a. marketing b. intellectual capital c. research d. target audience analysis e. financial and asset resources of the organization
Most Statutes of Frauds permit lease contracts that last for less than five years to be orally contracted
Indicate whether the statement is true or false
The process of determining the value to which an amount or a series of cash flows will grow in the future when interest on interest is applied is known as _____.?
A. discounting? B. ?compounding C. ?amortization D. ?consolidation E. ?annualizing