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Which one(s) of these (is/are) always true? 1. As income rises, Average Propensity to Consume (APC) reduces. II. As income rises, Marginal Propensity to Save (MPS) never changes. III. When the saving

 Which one(s) of these (is/are) always true? 1. As income rises, Average Propensity to Consume (APC) reduces. II. As income rises, Marginal Propensity to Save (MPS) never changes. III. When the saving is (O), all parts of disposible income (Yd) are consumed. O A) || - INI B) | - || - III C) D)1-11 OE) T- III

Apr 15 2021 View more View Less

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