When the average propensity to save (APS) is 0.35, then this means people are spending 35 percent of their disposable income. people are spending 65 percent of their disposable income. people are saving $0.65 of the last dollar earned. people are spending 35 percent of their disposable inco
When the average propensity to save (APS) is 0.35, then this means people are spending 35 percent of their disposable income. people are spending 65 percent of their disposable income. people are saving $0.65 of the last dollar earned. people are spending 35 percent of their disposable inco
Chapter18: The Keynesian Model
Section: Chapter Questions
Problem 13SQ
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When the average propensity to save (APS) is 0.35, then this means
people are spending 35 percent of their disposable income.
people are spending 65 percent of their disposable income.
people are saving $0.65 of the last dollar earned.
people are spending 35 percent of their disposable income and investing the remaining 65 percent.
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