How Do Economists Define the Average Propensity to Consume (APC)

question 120

Multiple Choice

How do economists define the average propensity to consume (APC) ?

• A)as the proportion of any change in disposable income that becomes a change in consumption
• B)as the proportion of any change in disposable income that does not become a change in consumption
• C)as the fraction of total disposable income that households do not spend on consumption
• D)as the fraction of total disposable income that households spend on consumption

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Definitions:

Lung Disease

A general term for diseases and disorders that affect the lungs and respiratory system, leading to difficulty in breathing and other related symptoms.

Bipolar Leads

In electrocardiography, leads that measure the difference in electrical potential between two distinct points in the heart.

Body

The physical structure of a person or an animal, including the bones, flesh, and organs.

ECG Electrodes

Small, adhesive pads used during an electrocardiogram test to detect and record the electrical activity of the heart.