InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
Q1 Can average propensity to save smaller than 1 Q2Can average propensity to save be 0 Q3 Can average propensity to save sneller than 0 |
Answer» Answer:The AVERAGE propensity to save (APS) is an economic term that REFERS to the proportion of income that is saved RATHER than spent on goods and services. Also known as the savings RATIO, it is usually expressed as a percentage of total household disposable income (income minus taxes). The inverse of average propensity to save is the average propensity to consume (APC) |
|