Economics · Macroeconomics Concepts
The term 'Average Propensity to Save' (APS) refers to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Percentage change in savings per unit change in income
- 2Savings per unit of income✓
- 3Savings per unit consumption
- 4Savings per unit of future income
Correct answer
Savings per unit of income
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