The fraction, or percentage, of total income which is consumed is called the

Question

asked Aug 20, 2024 234k views

1 Answer

← Prev Question Next Question →

Ask a Question

DaveRandom · Answer 1 · 2024-08-25T21:50:53+0000

Answer:

APC

Step-by-step explanation:

What is APC?

Average Propensity to Consume, or APC for short, is the fraction or percentage of total income that is consumed. This can be determined by dividing the total consumption by the total income.

The fraction, or percentage, of total income which is consumed is called the

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

What is APC?

Please log in or register to add a comment.

No related questions found

Categories

Other Questions