Examlex
In each set below, one sentence in the set contains an error. Select the letter of the sentence that contains an error. Which sentence contains an error?
Autonomous Consumption
The level of consumption expenditure that occurs when income levels are zero, reflecting the basic level of consumption that does not depend on current income.
APS
An acronym for Average Propensity to Save, which is the ratio of savings to the total net disposable income.
Total Saving
The sum of personal, business, and government savings within an economy.
APS
Average Propensity to Save (APS) is the ratio of total savings to total disposable income, indicating the portion of income that households save rather than spend.
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