When consumer spending exceeds disposable income, all of the following are true except
A. Households are dissaving.
B. The APS is negative.
C. The APC is greater than 1.
D. The MPS is negative.
Answer: D
Economics
A. Households are dissaving.
B. The APS is negative.
C. The APC is greater than 1.
D. The MPS is negative.
Answer: D