Question 13 2.5 pts The average propensity to consume refers to the dollars of income spent for current consumption. percentage of income saved. expenditures for the minimum necessities of life. percentage of income spent for current consumption fact that people with higher incomes spend more for the necessities of life. Question 14 2.5 pts When setting financial goals, one should typically start by setting short-term goals. Intermediate-term goals. long-term goals. a and b bandc