Suppose autonomous consumption is 3000,induced consumption is 500 and disposable income is 2500.We may conclude that the

A) APC and APS are both negative.
B) APC and APS are both positive.
C) APC is positive and APS is negative.
D) APS is positive and APC is negative.

Autonomous Consumption

The level of consumption that occurs when income is zero; it represents the expenditures that consumers must make even when they have no income.

Induced Consumption

Consumer spending that increases when income increases, and decreases when income decreases, reflecting behavioral responses to changes in income.

Disposable Income

The amount of money left for households to use on saving and spending after income taxes are covered.