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Kitty [74]
1 year ago
6

this is the percentage of each dollar of income, on average, that is spent for current needs and wants, rather than saved.

Business
1 answer:
Finger [1]1 year ago
7 0

Average propensity to consume (APC) counts how much money is spent each year versus saved.

What is Average propensity to consume (APC)?

Average propensity to consume (APC) counts how much money is spent each year versus saved. This might be done by a single person who is curious about where their money is going or by an economist who is interested in tracking the spending and saving patterns of a whole country. In all scenarios, the tendency to consume can be calculated by dividing average household spending by average household income. A high average propensity to consume is typically advantageous for the economy from a larger economic perspective. When customers have a high propensity to consume, they save less and spend more on products and services. This rising demand fuels economic development, corporate growth, and widespread employment.

To learn more about Average propensity to consume (APC)
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Complete Question

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BabaBlast [244]

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compares the efficiency and effectiveness of your business processes against strict standards.

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Benchmarking is a process of measuring the performance of a company’s products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.” The point of benchmarking is to identify internal opportunities for improvement.

7 0
3 years ago
What are the functions of MNCs​
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2 years ago
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What is equilibrium?
inysia [295]

Answer:

B.

Explanation:

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3 years ago
When the macroeconomy is experiencing a higher than natural rate of unemployment, it must be because
Alona [7]

Answer:

wages cannot adjust downward quickly and easily.

Explanation:

In a situation where the macroeconomy is experiencing a higher than the natural rate of unemployment, it must be because "wages cannot adjust downward quickly and easily."

Given that wages are arguably the most significant aspect to entice employees or people to work and get paid. Hence, where the wages are not enough to cause for the employees, there tends to be a situation where wages cannot adjust downward quickly and easily. And therefore, people would not want to work where there is low pay, and eventually, unemployment increases.

7 0
3 years ago
On December 31, 2018, a company had assets of $34 billion and stockholders' equity of $28 billion. That same company had assets
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Answer:

131.6%

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