if average propensity to save (aps) is 0.8 how much will be average propensity to consume (apc)? plz explain this question!

Dear Student,

The total of APC and APS always equals 1, i.e. APC+APS = 1. It can never be more or less than 1.
Therefore, when APS = 0.8,
APC = 1 - APS
APC = 0.2

Regards

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