As national income increases
A. The APC fall’s and gets nearer in value to the MPC
B. The APC increases and diverges in value from the MPC
C. The APC stays constant
D. The APC always approaches infinity.
Answer:A
As national income increases
A. The APC fall’s and gets nearer in value to the MPC B. The APC increases and diverges in value from the MPC C. The APC stays constant D. The APC always approaches infinity.