Population growth in the early nineteenth century was slow due to the lack of immigration

The average propensity to consume (APC) is

A) the rate at which real consumption spending changes over time. B) the percentage of real disposable income saved. C) the percentage of additional real disposable income that will go toward additional consumption spending. D) the percentage of real disposable income consumed.

The federal budget deficit and the trade balance are often referred to as the

A) twin deficits. B) dueling depreciators. C) balance of payments. D) national debt.