If high incomes inspire more saving than low incomes ________.
A)the average propensity to consume falls as income rises
B)the marginal propensity to consume rises as income rises
C)autonomous consumption falls as income rises
D)the average propensity to consume rises as wealth rises

Question

Quizplus · Accepted Answer

The statement suggests that people with high incomes save more, which implies that they consume less. Therefore, the average propensity to consume falls as income rises.

If High Incomes Inspire More Saving Than Low Incomes ________