Saving Is Negative in Each Case Except

question 112

Multiple Choice

Saving is negative in each case except

• A)when the C line is below the 45-degree line.
• B)when there is dissaving.
• C)at very low levels of disposable income.
• D)when the APC is greater than one.

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Definitions:

Signed and Sealed

A phrase indicating that a document has been formally executed with the signature of the parties involved and sometimes a physical seal.

Postbox Rule

A legal doctrine stating that an offer is considered accepted once the acceptance is posted, not when the offeror receives it.

Communicate by Mail

The process of sending messages or information through postal services.

Specified Period

A set timeframe or duration that is explicitly stated or agreed upon.