The Average Propensity to Consume APC is-09325
The Average Propensity to Consume (APC) is:
This multiple choice question (MCQ) is related to the book/course
vu eco403 Macroeconomics.
It can also be found in
vu eco403 Final Term - Quiz No.17.
The Average Propensity to Consume (APC) is:
Consumption divided by disposable income
Saving divided by consumption
The slope of the consumption function (or line)
The proportion of disposable income used for production
