If There Is a Decrease in Disposable Income in an Economy

question 1

Multiple Choice

If there is a decrease in disposable income in an economy, then

• A) both the APC and the APS rise.
• B) the APC rises and the APS falls.
• C) the APC falls and the APS rises.
• D) both the APC and the APS fall.

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Definitions:

ASPE

A collection of accounting principles for private corporations in Canada.

Quarterly

Occurring every three months or four times a year.