Average Propensity to Consume (APC) Equals

question 36

Multiple Choice

Average propensity to consume (APC) equals

• A) change in planned consumption divided by change in real disposable income.
• B) planned consumption divided by real disposable income.
• C) real disposable income divided by planned consumption.
• D) change in real disposable income divided by change in planned consumption.

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Definitions:

Carrying Value

The book value of assets and liabilities as reported in the financial statements.

Securities And Exchange Commission

The U.S. federal agency responsible for regulating the securities markets, protecting investors, and overseeing the securities industry and public securities exchanges.

Subscriptions Receivable

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Par Value

The face value of a bond or stock as stated by the issuing company, unrelated to its market value.