Marginal propensity to save (MPS) is equal to:
a. 1 - MPC.
b. MPC - 1.
c. MPC + 1.
d. 1/MPC
a
Economics
You might also like to view...
What are the differences between national income, personal income, and disposable personal income?
What will be an ideal response?
Economics
Between 1950 and 2015, the number of acres devoted to wheat production in the United States ________ and the price of wheat ________
A) declined; more than doubled B) more than doubled; increased by about 50 percent C) declined; decreased D) increased; more than doubled
Economics