The APC is calculated as
A) consumption/income
B) change in income/change in consumption
C) income/consumption
D) change in consumption/change in income
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The APC is calculated as
A) consumption/income
B) change in income/change in consumption
C) income/consumption✓✓✓✓✓
D) change in consumption/change in income
A) consumption/income
B) change in income/change in consumption
C) income/consumption✓✓✓✓✓
D) change in consumption/change in income
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