If the Level of Consumption Is $120 Billion and Disposable

question 449

Multiple Choice

If the level of consumption is $120 billion and disposable income is $150 billion, then the

• A) APC = 0.75 and saving is positive.
• B) APC = 0.8 and saving is negative.
• C) APC = 0.8 and saving is positive.
• D) APC = 0.75 and saving is negative.

---

Definitions:

Enterprising Families

Families that engage in entrepreneurial ventures, often spanning multiple generations with a focus on innovation and business growth.

Local Advantage

The competitive edge a business can gain by optimizing its operations, marketing, or products to suit local preferences or conditions.

Operational Efficiencies

The ability to achieve the maximal output from resources with the minimum waste or expense.

Formal Family Investment Funds

A structured investment vehicle managed by families to allocate their assets collectively in various investment opportunities.