Question: What is the basic relationship between Average Propensity to Consume (APC) and Disposable Income? Question 33 options: APC rises as disposable income rises APC falls

What is the basic relationship between Average Propensity to Consume (APC) and Disposable Income? Question 33 options: APC rises as disposable income rises APC falls as disposable income rises There is no relationship between APC and disposable income levels None of the others

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