Asked by
Gyasi Bromley
on Oct 13, 2024
Verified
In Japan,the APC is about
A) .95.
B) .8.
C) .65.
D) .5.
E) .35.
APC
Average Propensity to Consume, which refers to the percentage of income that an individual or group spends on consumer goods and services as opposed to saving.
Japan
A country located in East Asia, known for its rich culture, technological advancements, and as the world's third-largest economy by nominal GDP.
- Apprehend the association between the level of savings and economic situations in multiple countries across various timeframes.
- Integrate knowledge regarding the Average Propensity to Consume (APC) and Average Propensity to Save (APS).
Verified Answer
BA
Learning Objectives
- Apprehend the association between the level of savings and economic situations in multiple countries across various timeframes.
- Integrate knowledge regarding the Average Propensity to Consume (APC) and Average Propensity to Save (APS).