Average Propensity to Consume (APC) is equal to which of the following expressions?

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Economics · Macroeconomics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Correct answer

1 - Average Propensity to Save (APS)

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Answer 1

1 + Marginal Propensity to Consume (MPC)

Answer 2

1 + Average Propensity to Save (APS)

Answer 3

1 - Marginal Propensity to Consume (MPC)

Answer 4

1 - Average Propensity to Save (APS)

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