If the level of consumption is $100 billion and disposable income is $125 billion, then the

A) APC = 0.6 and saving is positive.
B) APC = 0.8 and saving is negative.
C) APC = 0.8 and saving is positive.
D) APC = 0.6 and saving is negative.


Answer: C) APC = 0.8 and saving is positive.

Economics

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Economics