Economy, asked by mohammedsinan000, 10 months ago

What is the relationship between APS and APC. Can the value of APS being negative? If yes, when?

Answers

Answered by theRockstar37

Explanation:

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. Apparently if one is given, the other can be worked out. The value of APS can be negative when consumption expenditure becomes higher than income.

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