Solution
✅ Correct Option: 1
Option 1 -> When Y > C, then S = Y - C > 0, so APS = S/Y > 0.
Option 2 -> APS = 0 only when savings are zero, i.e., Y = C.
Option 3 -> APS < 0 occurs when consumption exceeds income (dissaving).
Option 4 -> APS > 1 would mean savings exceed income, implying negative consumption.
Hence, Option 1: More than zero -> Average Propensity to Save (APS) = Savings/Income = (Y-C)/Y. When income (Y) is more than consumption (C), savings (S) become positive. Since both savings and income are positive, APS will be a positive value greater than zero. For example, if Y = 100 and C = 80, then S = 20, and APS = 20/100 = 0.2 (which is more than zero). -> correct