If Ap Is Total Autonomous Planned Spending,c Is the Marginal

question 47

Multiple Choice

If Ap is total autonomous planned spending,c is the marginal propensity to consume,s is the marginal propensity to save,and Y is the equilibrium income level,then induced saving is

• A)Ap/Y.
• B)Y = Ap/s.
• C)sY.
• D)cAp.

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