As national income increases – (a) The APC falls and gets nearer in – InterviewSolution

1.	As national income increases – (a) The APC falls and gets nearer in value to the MPC. (b) The APC increases and diverges in value from the MPC. (c) The APC stays constant (d) The APC always approaches infinity.
Answer» (a) The APC falls and gets nearer in value to the MPC.

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