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.

---

Definitions:

Software Application Programs

Computer programs designed to perform specific tasks for users.

Power Distance

This term refers to the degree to which individuals in a society accept and expect power to be distributed unequally.

National Culture

The shared values, norms, behaviors, and artifacts of a nation's inhabitants that distinguish it from other nations.

Geert Hofstede

A Dutch social psychologist known for his research on cross-cultural groups and organizations, notably for pioneering the study of cultural dimensions affecting work behavior.