Asked by
Jesse Roxas
on Oct 13, 2024Verified
Which statement is true?
A) Saving can never be negative.
B) The APS can never be negative.
C) The APS is usually negative.
D) None are true.
APS
Usually refers to Average Propensity to Save, an economic term that denotes the proportion of income that a person or population saves rather than spends on consumption.
- Investigate the role of consumer behavior in shaping saving and consumption tendencies.
Verified Answer
MM
Learning Objectives
- Investigate the role of consumer behavior in shaping saving and consumption tendencies.