3021EconomicsMedium
As income increase?
AThe average propensity to consume diverges in value from the marginal propensity to consume
BThe average propensity to consume always approaches 0
CThe average propensity to consume gets nearer in value of the marginal propensity to consume
DThe average propensity to consume falls
Correct answer
D. The average propensity to consume falls
Explanation
The correct answer is The average propensity to consume falls.