Question

Relationship between APS & APC ??

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Answer 1

Answer:

Relationship between APS & APC ??

The sum of the Average Propensity to Consume (APC) and Average Propensity to save (APS) is always equal to unity, i.e., APC + APS = 1. It is so because the money income can either be spent on consumption or it can be saved.

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Answer 2

HALLO

Relationship between APC and APS. The sum of APC and APS is always equal to unity (1), i.e., APC + APS = 1. It is so, because income is either consumed or saved. ... The value of APS can be negative when consumption expenditure becomes higher than income.

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