Examlex
All of the following are part of the Joint Chiefs of Staff EXCEPT
APS
Average Propensity to Save, the fraction of income that is saved rather than spent on consumption goods.
APC
This stands for Average Propensity to Consume, which is the percentage of income that an individual or population spends rather than saving.
APS
Average Propensity to Save; it is a macroeconomic term that represents the proportion of income that is saved rather than spent on consumption. It is calculated by dividing total savings by total income.
APC
Average Propensity to Consume, which is the fraction of income that a person or population spends rather than saving.
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