Find the Amount of Increase If 200 Is Increased by 5

question 29

Multiple Choice

Find the amount of increase if 200 is increased by 5% .

• A) 1
• B) 0.1
• C) 10
• D) 100

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Definitions:

Disposable Income

The monetary resources left for household spending and saving after the application of income taxes.

Dissaving

When consumption is greater than disposable income; negative saving.

APC

In economics, stands for Average Propensity to Consume, which is the fraction of income spent on consumption.

APS

The Average Propensity to Save, which is the fraction of total income that households save rather than spend on consumption.