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Identify which of the following is true at the Break-Even level of Income. (Choose the correct option)

Q1

Identify which of the following is true at the Break-Even level of Income.
(Choose the correct option)

a

Slope of Consumption Curve = Slope of Saving Curve

b

Average Propensity to Consume (APC) = Average Propensity to Save (APS)

c

Slope of Saving Curve = Unity (1)

d

Average Propensity to Consume (APC) = Unity (1)

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