If real disposable income increases, the average propensity to save will
A) decrease. B) increase.
C) remain constant. D) initially increase, and then decrease.
B
Economics
You might also like to view...
The 1974 federal legislation that exempted employers from certain state laws governing health insurance was
a. COBRA b. ERISA c. CON d. HIPAA e. SCHIP
Economics
Why does the short-run equilibrium situation usually not last long?
a. Firm downsizing happens in the long run. b. Government regulations are applied in the long run. c. Higher taxes are enforced in the long run. d. Entry and exit happen in the long run.
Economics