The Table Given Below Reports the Consumption Expenditure of a Nation

question 12

Multiple Choice

The table given below reports the consumption expenditure of a nation at different levels of disposable income. Table 9.1
Refer to Table 9.1.At an income level of $10, 000, the APS equals -0.20.Therefore, the APC has to equal:

• A)0.20.
• B)0.80.
• C)-1.20.
• D)1.20.
• E)1.80.