Asked by
natalia tupaz
on Oct 13, 2024Verified
For a family with disposal income less than autonomous consumption
A) the APC is greater than 1
B) induced consumption is positive
C) the APS is very small but positive
D) in the long run credit cards are used to make up difference
Disposable Income
Disposable income for households to spend or save after accounting for income taxes.
Autonomous Consumption
The level of consumption spending that occurs when income is zero, representing the expenditures necessary for basic needs.
APC
Absolute Plate Count, a method used in microbiology to estimate the total number of viable bacteria in a sample. If this is not the intended context, then NO.
- Comprehending the influence of disposable income on the behaviors associated with spending and saving.
Verified Answer
MS
Learning Objectives
- Comprehending the influence of disposable income on the behaviors associated with spending and saving.