The Average Propensity to Save (APS) Is

question 233

Multiple Choice

The average propensity to save (APS) is

• A) the rate at which real savings changes over time.
• B) the percentage of real disposable income saved.
• C) the difference between the amounts of real disposable income consumed and saved.
• D) the percentage of additional real disposable income that will go toward real saving.

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Definitions:

Tested

Evaluated or examined the performance, quality, or reliability of something through trial or experiment.

Compared Results

Involves the process of evaluating and contrasting the outcomes of different tests, studies, or data sets to identify patterns, differences, or correlations.

Likert-Format

Describes the specific layout or presentation of Likert scales, used to capture respondents' attitudes by offering a range of answer options.

Opposite Meanings

Terms or phrases that have completely different or contradictory definitions in comparison to each other.